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Leased Restaurant and Bar Property

2-404 Southard St Key West, FL 33040

2-404 Southard St, Key West, FL, 33040
$3,295,000
For Sale
$3,295,000

Large restaurant and bar is currently rented on a triple-net basis with more than three years remaining on the lease.

Days on Market48

Property Features for 2-404 Southard St

General Information

Standard status
Active
Listing agency Key West Luxury Real Estate Inc (KW)
Listed by Darrin N Smith · License #3291885
Source Exprealty
Added: Jun 5 Updated: Jul 22 at 4:50AM Checked: Jul 22 at 4:50AM

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 Key West Luxury Real Estate Inc (KW)


Investment Insights

Based on property information with market context.

This large restaurant and bar is currently rented on a triple-net basis, with over three years remaining on the lease. The property has an effective rebuild date of 2005, and the present tenant may be negotiable.

Located in the heart of downtown Key West, the offering benefits from an established presence in a high-visibility, central setting.

For buyers seeking a leased, NNN structure, this property is presented with in-place occupancy and a remaining lease term exceeding three years.

Key Highlights

  • Large restaurant and bar currently rented on a triple‑net basis for $18,000 NNN per month
  • Lease has over three years remaining
  • Effective rebuild date of the building is 2005

Property Analytics

Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

HVAC Service Dental Office Auto Repair Shop Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Electrical Service Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

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

FAQs

What type of property is this?
Bar & Pub - Large restaurant and bar is currently rented on a triple-net basis with more than three years remaining on the lease.
Where is this bar & pub located?
The property is located at 2-404 Southard St Key West, FL.
What is the asking price?
The asking price for this property is $3,295,000.
What are key features of this property?
This property features: Large restaurant and bar currently rented on a triple‑net basis for $18,000 NNN per month; Lease has over three years remaining; Effective rebuild date of the building is 2005
Contact an agent
More about this property
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