Turnkey Restaurant and Bar
46 Charles Street Key West, FL 33040
46 Charles Street, Key West, FL, 33040
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For Sale
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Turnkey restaurant and bar with outdoor bars, stage, fully equipped kitchen, and seating licensed for 175+.
Property Size3,648 SF
Price / SF$5.07
Days on Market37
Property Features for 46 Charles Street
General Information
- Standard status
- Active
- Size
- 3,648 SF
- Property subtype
- Business Opportunities
Building Details
- Year Built
- 1933
Listing agency
RE/MAX Keys Connection (KW)
(305) 304-0084
Listed by
Curtis Skomp, CCIM · License #263500131
(305) 304-0084
Source
Xome
Added: Jun 16 Updated: Jul 21 at 2:20PM Checked: Jul 21 at 2:20PM
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.
Turnkey restaurant and bar opportunity with 3,648 sf of leaseable space across 3 buildings on 2 parcels. The venue includes two outdoor bars, a music stage, large bathrooms, and a fully equipped kitchen, with furniture and fixtures included. Seating is licensed for over 175 and the stated capacity is over 200 people.
The property is located in Old Town Key West, just a half block off Duval St., Greene St., and Caroline Streets at the corner of Charles St. and Telegraph Lane. It sits within the downtown restaurant and bar corridor, steps from Sloppy Joe's, Irish Kevin's, and Hog's Breath Saloon, and directly across from Rick's & Dirty Harry's.
In addition to the restaurant operations, there is a tattoo parlor sublease and six (6) one-bedroom, one-bath apartments on the 2nd floor for income. A 5-year lease term is available, with base rent stated at $18,500 per month on a NNN structure with real estate taxes paid monthly, plus an additional $3,500 per month for use of an unrestricted 5 COP liquor license under a separate agreement. New equipment is described as negotiable, with $200,000 noted.
The property is located in Old Town Key West, just a half block off Duval St., Greene St., and Caroline Streets at the corner of Charles St. and Telegraph Lane. It sits within the downtown restaurant and bar corridor, steps from Sloppy Joe's, Irish Kevin's, and Hog's Breath Saloon, and directly across from Rick's & Dirty Harry's.
In addition to the restaurant operations, there is a tattoo parlor sublease and six (6) one-bedroom, one-bath apartments on the 2nd floor for income. A 5-year lease term is available, with base rent stated at $18,500 per month on a NNN structure with real estate taxes paid monthly, plus an additional $3,500 per month for use of an unrestricted 5 COP liquor license under a separate agreement. New equipment is described as negotiable, with $200,000 noted.
Key Highlights
- Downtown Key West restaurant and bar lease: 2 parcels with 3,648 SF of leaseable space across 3 buildings
- Licensed for 175+ seats with capacity over 200 people; venue includes fully equipped kitchen plus furniture and fixtures
- Includes 2 outdoor bars and a music stage, plus large bathrooms for guest use
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant and bar with outdoor bars, stage, fully equipped kitchen, and seating licensed for 175+.
Where is this conventional restaurant located?
The property is located at 46 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: Downtown Key West restaurant and bar lease: 2 parcels with 3,648 SF of leaseable space across 3 buildings; Licensed for 175+ seats with capacity over 200 people; venue includes fully equipped kitchen plus furniture and fixtures; Includes 2 outdoor bars and a music stage, plus large bathrooms for guest use
