Corner Bar Property with Outdoor
For Sale
$2,699,000
1000 Truman Avenue, Key West, FL 33040
Two-parcel commercial property with an existing bar building, drive-through space, and covered outdoor entertainment area.
Property Size2,396 SF
Lot Size0.27 Acres
Price / SF$1,126
Days on Market57
Property Features for 1000 Truman Avenue
General Information
Standard status
Active
Size
2,396 SF
Lot size
0.27 Acres
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Additional Details
Liquor License
No
Taxes and HOA fees
Annual Taxes
$20,670
Amenities
indoor bar
men's and women's restrooms
office
storage
covered outdoor bar
outdoor entertainment area
Building Details
Building Size
2,396 SF
Year Built
1944
Buildings
2
Stories
1
Construction
CBS
Listing Agency:
RE/MAX Keys Connection (KW)
(305) 304-0084
Listed By:
Curtis A Skomp, CCIM · License #263500131
(305) 304-0084
Source:
Laerrealty
Added: Jul 5
Changed: Aug 29
Last Checked: Aug 29 at 6:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Keys Connection (KW)
Investment Insights
Based on property information with market context.
This offering comprises two real estate parcels at 1000 and 1006 Truman Avenue in Key West, with the business and liquor license excluded. The 2,396-square-foot corner CBS building was constructed in 1944 and contains an indoor bar, men’s and women’s restrooms, office and storage areas, and a drive-through liquor store. A separate 1,588-square-foot covered outdoor bar and entertainment area expands the existing improvements. Recent work includes a new AC unit, a replacement bar, upgraded water lines and plumbing, and a roof installed on the corner building in 2022.
The property provides 104.75 feet along Truman Avenue and extends 113 feet deep. It is zoned HNC(1-3) – Hist Nghborhd Comml 1-3 Coastal Med, which allows uses including transient residential, hotels, multifamily and single-family residential, business and professional offices, parking lots, medical services, and food trucks. Restaurants are identified as a conditional use. The existing drive-through and bar use may be grandfathered for future use, subject to applicable requirements.
The property provides 104.75 feet along Truman Avenue and extends 113 feet deep. It is zoned HNC(1-3) – Hist Nghborhd Comml 1-3 Coastal Med, which allows uses including transient residential, hotels, multifamily and single-family residential, business and professional offices, parking lots, medical services, and food trucks. Restaurants are identified as a conditional use. The existing drive-through and bar use may be grandfathered for future use, subject to applicable requirements.
Key Highlights
- Two parcels at 1000 and 1006 Truman Avenue in Key West, FL 33040
- 2,396 sf corner CBS building constructed in 1944
- Separate 1,588 sf covered outdoor bar and entertainment area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,256
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 31%
Home Improvements & Furnishings 24%
Dining 19%
Groceries 17%
Chevron
Shops & Services
9,727 visits/mo
0.1 miles
Strunk Ace Hardware Inc
Home Improvements & Furnishings
7,589 visits/mo
0.5 miles
Dairy Queen
Dining
5,832 visits/mo
0.3 miles
IGA
Groceries
5,390 visits/mo
0.2 miles
Best Western Hibiscus Motel
Hotels & Casinos
2,843 visits/mo
0.5 miles
Demographics for 33040, FL
35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Seaside Cafe at the Mansion — 1400 Duval St, Key West, FL 33040
- The VIP Gentlemen's Club — 1221 Duval St, Key West, FL 33040
- Southernmost Point Bar — 1327 Duval St, Key West, FL 33040
- Milagro Restaurant and Bar — 1401 Simonton St, Key West, FL 33040
- Tipsy Rooster Liquor Store & Bar — 1325 Simonton St, Key West, FL 33040
Frequently Asked Questions
What type of property is this?
Bar & Pub - Two-parcel commercial property with an existing bar building, drive-through space, and covered outdoor entertainment area.
Where is this bar & pub located?
The property is located at 1000 Truman Avenue Key West, FL.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: Two parcels at 1000 and 1006 Truman Avenue in Key West, FL 33040; 2,396 sf corner CBS building constructed in 1944; Separate 1,588 sf covered outdoor bar and entertainment area
