922 Truman Ave Key West, FL 33040-6452
This 1,320 sq ft mixed-use building in Key West, FL, presents a unique investment opportunity. Situated on a 6,198 sq ft corner lot in Old Town, this Class B property boasts 10 parking spaces and dual entrances, ensuring excellent visibility and accessibility. Built in 1958, the structure is a durable CBS construction, located within the HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med zoning. Currently vacant, this single-unit property offers flexibility for various uses, including creative office, storefront, or traditional office space. The asking price is $1,450,000, translating to $1,098.48 per square foot. The property is in an X flood zone, minimizing flood risk. Five keys are included. This location offers significant potential for investors seeking a prime Old Town Key West property with ample parking and low flood risk. The property's zoning allows for a variety of commercial uses, subject to buyer due diligence. This is a rare opportunity to acquire a well-positioned property in a highly desirable area.
-
Truman Adult Book & Video Tattoo And Piercing Shop Adult Dvd Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.