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Retail/Office Space with Loft
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408 Greene St, Key West, FL 33040

Flexible ground-floor retail or office layout with a loft/workspace and usable front, side, and rear outdoor areas.

Space Size1,398 SF
Days on Market63

Property Features for 408 Greene St

General Information

Standard status Active
Size 1,398 SF
Class C
Property subtype Retail

Building Details

Year Built 1933
Tenancy Single

Spaces For Lease

at 408 Greene St Contact us

Suite 1

Size
1,398 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Will Langley · License #BK3242135
Source: Crexi
Added: Jun 11 Changed: Aug 8 Last Checked: Aug 12 at 5:03AM

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.

This leasing opportunity includes approximately 1,398 square feet of total space, with 1,078 square feet of ground-floor commercial area plus an additional 320-square-foot loft/workspace. The configuration supports a mix of retail and office-style operations, including gallery or service-oriented uses, depending on how you plan to use the interior and the upper workspace.

The property is located in the heart of Old Town Key West and offers usable outdoor areas at the front, side, and rear of the premises. The large backyard can support business uses such as outdoor seating, storage, product or display space, or other complementary activity. The offering is described as having excellent visibility and accessibility.

For tenants looking for adaptable space, the combination of a street-facing ground-floor area, an added loft/workspace, and multiple outdoor zones can be useful for operations that benefit from both interior customer flow and optional exterior use. The lease structure is base rent only, with NNN expenses not included, so tenants should plan for additional operating cost responsibilities separately.

Key Highlights

  • Year built 1933 building with approx. 1,398 SF total space: 1,078 SF ground‑floor plus a 320 SF loft/workspace
  • Flexible layout suitable for retail, office, gallery, or service‑oriented uses
  • Usable front, side, and rear outdoor areas, including a large backyard for outdoor seating, storage, displays, or events

Property Analytics

Current Use

Express Screen Enclosure General Contractor Carlos Cespedes Pediatrician Key West Knot ... Wedding Service Key West Med ... Spa & Massage Center

Suggested Use

Top Pick Dental Office HVAC Service Auto Repair Shop Garden Center Veterinary Clinic Pet Grooming Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,704
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Hotels & Casinos 20% Apparel 19% Groceries 18%
La Concha Key West Hotels & Casinos
20,542 visits/mo 0.3 miles
Wendy's Dining
19,101 visits/mo 0.2 miles
Fausto's Food Palace Groceries
10,002 visits/mo 0.3 miles
River Street Sweets Groceries
8,601 visits/mo 0.3 miles
The Cafe Dining
8,463 visits/mo 0.4 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

Lease Benchmarks for Key West, FL

$76.05 /SF/Yr
Avg Asking Price
$25–$125 /SF/Yr
Price Range
2,207 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible ground-floor retail or office layout with a loft/workspace and usable front, side, and rear outdoor areas.
Where is this retail space located?
The property is located at 408 Greene St Key West, FL.
What are key features of this property?
This property features: Year built 1933 building with approx. 1,398 SF total space: 1,078 SF ground‑floor plus a 320 SF loft/workspace; Flexible layout suitable for retail, office, gallery, or service‑oriented uses; Usable front, side, and rear outdoor areas, including a large backyard for outdoor seating, storage, displays, or events
More about this property
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