Restaurant Building with In-Place
1215 Duval Street Key West, FL 33040
New
For Sale
$3,675,000
Restaurant building for sale with an established, long-time restaurant tenant and a lease already in place.
Days on Market7
Property Features for 1215 Duval Street
General Information
Standard status
Active
Building Details
Year Built
1953
Listing Agency:
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 902-2447
Listed By:
Team Gardner/Langley · License #BK612006
(305) 902-2447
Source:
Laerrealty
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 28 at 3:16AM
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 Berkshire Hathaway HomeServices Knight & Gardner Realty
Investment Insights
Based on property information with market context.
Offered for sale is a turn-key commercial restaurant building with an established, long-time successful restaurant tenant already in place under an existing lease. The business itself is not for sale; the real estate and income-producing lease are.
Located on Duval Street in Old Town, the property is presented as part of a high-traffic corridor with year-round foot traffic and ongoing demand for Key West commercial space. The listing information also references a 7.0% cap rate and positions the acquisition as a stabilized income stream from day one through the in-place tenant and lease.
For buyers seeking a restaurant real estate investment with continuity of occupancy, the property is being marketed as an opportunity centered on Duval Street exposure and an existing leased arrangement.
Located on Duval Street in Old Town, the property is presented as part of a high-traffic corridor with year-round foot traffic and ongoing demand for Key West commercial space. The listing information also references a 7.0% cap rate and positions the acquisition as a stabilized income stream from day one through the in-place tenant and lease.
For buyers seeking a restaurant real estate investment with continuity of occupancy, the property is being marketed as an opportunity centered on Duval Street exposure and an existing leased arrangement.
Key Highlights
- Commercial building built in 1953 at 1215 Duval Street in Key West
- Restaurant building with an established, long‑time restaurant tenant
- Lease already in place with the restaurant tenant (business not for sale)
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building for sale with an established, long-time restaurant tenant and a lease already in place.
Where is this conventional restaurant located?
The property is located at 1215 Duval Street Key West, FL.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: Commercial building built in 1953 at 1215 Duval Street in Key West; Restaurant building with an established, long‑time restaurant tenant; Lease already in place with the restaurant tenant (business not for sale)
