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Turnkey Restaurant and Bar with Outdoor Bars
For Sale
Under Contract
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4 and 6 Charles Street, Key West, FL 33040

COMMERCIAL - Key West, FL

Property Size3,648 SF
Lot Size0.08 Acres
Price / SF$5.07
Days on Market51

Property Features for 4 and 6 Charles Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning HRCC(1 - 4) - Hist Res Co
Bathrooms 10
Full bathrooms 6
Half bathrooms 7
Rooms Bathroom 6, Bathroom 7, Bathroom 9, Bathroom 12, Bathroom 11, Bathroom 2, Bathroom 13, Bathroom 3, Bathroom 1, Bathroom 8, Bathroom 10, Bathroom 4, Bathroom 5
Appliances Ice Machine, Oven, Television
Subdivision Old Town - Unrecord (1.0)
Directions Corner of Charles St. and Telegraph Lane
Standard status Active Under Contract
APN 00001440-000000
Size 3,648 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KW SUB 6 PT LOT 2 SQR 15 OR124-508/09 OR503-759 OR777-98/99 OR794-696/97 OR865-923/24 OR894-2145/46 OR901-1221/22 OR908-
Tax Annual Amount 17436
Legal Description KW SUB 6 PT LOT 2 SQR 15 OR124-508/09 OR503-759 OR777-98/99 OR794-696/97 OR865-923/24 OR894-2145/46 OR901-1221/22 OR908-

Building Details

Year built 1933
Floors in Building 2
Number of units 7
Flooring type Combo
Building materials Frame
Listing Agency: RE/MAX Keys Connection (KW)
Listed By: Curtis A Skomp, CCIM · License #586474
Added: Jun 18 Changed: Aug 4 Last Checked: Aug 7 at 11:06AM
MLS# 620313

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Turnkey restaurant and bar offering a complete operating setup across 3 buildings on 2 parcels, totaling 3,648 square feet of leaseable space. The venue includes 2 outdoor bars, a music stage, large bathrooms, and a fully equipped kitchen, along with furniture and fixtures included for continued operation. The restaurant is licensed for seating over 175 and has a capacity of over 200. Additional on-site income is supported by a tattoo parlor sublease and 6 one-bedroom, one-bath apartments located on the 2nd floor.

Set in the heart of downtown Key West, the property is just a half block off Duval Street, Greene Street, and Caroline Street, at the corner of Charles Street and Telegraph Lane. The location places the concept within the active downtown restaurant and bar corridor, with walk-by traffic and close proximity to multiple well-known venues.

For a qualified operator or buyer seeking an immediate, working environment, this property combines a turnkey restaurant/bar buildout with entertainment features and an in-place licensed capacity. The arrangement of restaurant operations alongside apartment income and an existing tattoo parlor sublease may appeal to users looking for diversified revenue within the same building footprint. A 5-year lease term is available, and use of an unrestricted 5 COP liquor license is addressed in a separate agreement.

Key Highlights

  • Lease turnkey restaurant and bar in downtown Key West, 1/2 block off Duval St, Greene St, and Caroline St at Charles St and Telegraph Ln.
  • 3 buildings with 3,648 SF of leaseable space across 2 parcels of land.
  • Venue includes 2 outdoor bars, music stage, large bathrooms, and a fully equipped kitchen with appliances including an ice machine, oven, and television.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Dental Office Auto Repair Shop Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,899
Businesses Nearby
Under-served
Demand for This Use

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant and bar with outdoor bars, music stage, and fully equipped kitchen, plus income from apartments and a sublease.
Where is this conventional restaurant located?
The property is located at 4 and 6 Charles Street Key West, FL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Lease turnkey restaurant and bar in downtown Key West, 1/2 block off Duval St, Greene St, and Caroline St at Charles St and Telegraph Ln.; 3 buildings with 3,648 SF of leaseable space across 2 parcels of land.; Venue includes 2 outdoor bars, music stage, large bathrooms, and a fully equipped kitchen with appliances including an ice machine, oven, and television.
More about this property
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