816 Duval St - Restaurant FOR SALE


Key West, FL 33040
$5,195,000 USD
305-304-6335
816 Duval St, Key West, FL for Sale
$5,195,000 USD
Restaurant - FOR SALE
1/36
null | Request Cap Rate

816 Duval St
Key West, FL 33040


HIGHLIGHTS

  • Heavy Duval St Foot Traffic Day and Night
  • Iconic & Historic Old Town Key West Building with Outdoor Dining
  • 5COP Liquor License and Huge Kitchen that can easily service all 128 seats plus outside catering

OVERVIEW

EXTRAORDINARY RESTAURANT & BAR OPPORTUNITY! This historic and uniquely Key West indoor/outdoor restaurant and bar is in an ideal location in the heart of world-famous Duval Street. The current owners, sadly forced to sell due to personal health issues, have renovated the entire space and completed the grueling approval process that increased seating capacity and added significant value. The property, 2,695 SF of air-conditioned interior space with an additional 2,697 SF of usable shaded outdoor space, much of it covered, sits on a 4,470 SF tropically landscaped lot. The building has been transformed from the previous iconic French bakery, which was authorized for 71 seats and with only a beer and wine license, to a full service, all on one level, 128-seat destination restaurant, now with a 5COP Liquor License and full bar overlooking the electric energy of Duval Street. The renovation, led by one of Key West’s top architects and accomplished by one of Key West’s finest contractors, addressed all the major structural and maintenance issues and the result is simply stunning. The huge commercial kitchen is fully equipped and can easily service the 128 seats plus additional catering. All of the new tables, chairs, fixtures, equipment, professional landscaping, and lighting will convey with the sale. The current business and “Bangkok Happy Bowl” name, however, will not convey. This is an incredible ‘turn-key’ opportunity for a new owner, who could begin serving cocktails and food the moment they walk away from the closing table! A full inventory and equipment list will be provided to qualified buyers.

FOR SALE DETAILS

PRICE

$5,195,000 USD

PRICE/SF

$1,928 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

HRCC3

APN/PARCEL ID

00017160-000000

ASK ABOUT THIS PROPERTY

Keith BlandTruman & Co.More Info
305-304-6335

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Keith BlandTruman & Co.More Info
305-304-6335

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.