81901 Overseas Hwy - Retail FOR SALE


Islamorada, FL 33036
$2,995,000 USD
305-393-3686
81901 Overseas Hwy, Islamorada, FL for Sale
$2,995,000 USD
Retail - FOR SALE
1/37
null | Request Cap Rate

81901 Overseas Hwy
Islamorada, FL 33036


HIGHLIGHTS

  • US1 Frontage, Tons of Parking, Street to street access, Lots of Storage.

OVERVIEW

Turnkey Restaurant opportunity with prime US1 Frontage in heart of downtown Islamorada! This is a rare chance to own a well-established 160-seat restaurant on a highly visible corner lot with excellent US1 exposure, offering ample parking and incredible potential. Accessible from both US1, Blackwood Dr & Old Hwy, this property is ideally located within walking distance to world class high-end resorts, boutique shops, art galleries, and other popular Islamorada attractions, making it a premiere location for both local and tourist traffic. Once featured on Food Network's *Diners, Drive-Ins and Dives* with Guy Fieri, the Islamorada Shrimp Shack has been a beloved destination for locals and visitors alike. The sale includes valuable Real Estate comprised of the 4,942 sqft building on a 16,746 sqft corner parcel in a highly desirable 'X' flood zone; Village Center zoning allows for a multitude of potential uses from professional offices, boat dealer, to workforce housing development and more. All furniture, fixtures & equipment, food truck for catering, transferable liquor license conveys, and the longtime local staff would love to stay on allowing for immediate revenues on day one. Continue with the exciting existing business or bring your vision to the highly desirable Islamorada market! Call today! Directions: MM 82.5 Oceanside, Accessible from Overseas Hwy & Old Hwy. Open everyday but Wednesdays, 11:30am -9pm. Appointment required. Please do not disturb owner or employees.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$689 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

HC - Highway Commercial

APN/PARCEL ID

00400070-000000

ASK ABOUT THIS PROPERTY

Shelby MorrisAmerican Caribbean Real EstateMore Info
305-393-3686

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Shelby MorrisAmerican Caribbean Real EstateMore Info
305-393-3686

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