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$18,500
Key West, FL 33040
MLS# 620313
13 baths | 3648 sqft
1 / 49
Property Description
Rare opportunity to Lease a turnkey Restaurant and Bar in the heart of downtown Key West. Property sits just 1/2 Block off Duval St., Greene St. and Caroline Streets at the corner of Charles St. and Telegraph Lane. 2 Parcels of land with 3,648 sf. of leaseable space in 3 buildings. Venue includes 2 outdoor bars, music stage, large bathrooms and a fully equiped kitchen, plus all furniture and fixtures. Big bonus, to offset rent, there is a Tattoo parlor sublease and 6 (six) 1 bedroom, one bath apartments on the 2nd floor for income. Restaurant is licensed for over 175 seats and has a capacity of over 200 people. Great location in Old Town, in the middle of the Restaurant and Bar scene downtown. Walk by traffic everywhere and just steps from Sloppy Joe's, Irish Kevin's, Hog's Breath Saloon and directly across from Rick's & Dirty Harry's. Rent breakdown is as follows: $18,000 Base rent per month, NNN with real estate taxes paid monthly. Plus additional $3,500/mos. for use of the Unrestricted 5 COP liquor license in a seperate agreement. New Equipment of $200,000 negotiable. 5 year Lease Term available.
Details
Contract Information
Sub Type: Business Opp No-Real Estate
Listing Board: Key West Association
Amount of Rent: 18500
Limited Representation: No
Current Price: $18,500
Listing Date: 2026-06-18
List Price: $18,500
Location, Tax & Legal
KW Neighborhood: Old Town-S of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: N/A
Flood Zone: AE
Alternate Key #: 1001465
Add'l Parcel #1: 00001430-000000
Parcel #: 00001440-000000
Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Legal: KW SUB 6 PT LOT 2 SQR 15 OR124-508/09 OR503-759 OR777-98/99 OR794-696/97 OR865-923/24 OR894-2145/46 OR901-1221/22 OR908-
Taxes: 17436
Tax Year: 2025
Street #: 4 and 6
Street Name: Charles
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Lot Size: 88 x 80
Lot SqFt: 3677
Business Type: Restaurant/Bar 6 Apt
Business Name: NA
Total Units: 7
# Parking Spaces: 0
Off Street Parking: 0
# Stories: 2
SqFt Source: Tax Records
Total # Buildings: 3
Building SqFt: 3648
Style: Business Opportunity
Living Apx SqFt: 3648
Year Built: 1933
Full Baths: 6
Half Baths: 7
Total Baths: 13
Remarks & Misc
Remarks – Consumer: Rare opportunity to Lease a turnkey Restaurant and Bar in the heart of downtown Key West. Property sits just 1/2 Block off Duval St., Greene St. and Caroline Streets at the corner of Charles St. and Telegraph Lane. 2 Parcels of land with 3,648 sf. of leaseable space in 3 buildings.
Venue includes 2 outdoor bars, music stage, large bathrooms and a fully equiped kitchen, plus all furniture and fixtures. Big bonus, to offset rent, there is a Tattoo parlor sublease and 6 (six) 1 bedroom, one bath apartments on the 2nd floor for income. Restaurant is licensed for over 175 seats and has a capacity of over 200 people.
Great location in Old Town, in the middle of the Restaurant and Bar scene downtown. Walk by traffic everywhere and just steps from Sloppy Joe's, Irish Kevin's, Hog's Breath Saloon and directly across from Rick's & Dirty Harry's.
Rent breakdown is as follows: $18,000 Base rent per month, NNN with real estate taxes paid monthly. Plus additional $3,500/mos. for use of the Unrestricted 5 COP liquor license in a seperate agreement. New Equipment of $200,000 negotiable. 5 year Lease Term available.
Directions: Corner of Charles St. and Telegraph Lane
Type
Bar/Tavern/Lounge: 1
Liquor License: 1
Restaurant: 1
Business Info
Time left on Lease: 5 years
Value Fixt & Equip: 200000
Dockage
None: 1
Appliances
Ice Machine: 1
Oven: 1
Television: 1
Cooling
Ceiling Fans(s): 1
Electric
220 Volt: 1
Furnishings
Furnished: 1
Waterview
None: 1
View
None: 1
Floor
Combo: 1
Building Style
Two Story: 1
Windows/Doors
Other - See Remarks: 1
Construction
Frame: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Property Rights
Other - See Remarks: 1
Miscellaneous
High Traffc Location: 1
Residence on Premise: 1
Roof
Combo Roof: 1
Tenant Paid
Cable: 1
Electric: 1
Garbage: 1
Gas: 1
Insurance: 1
Sewer: 1
Taxes: 1
Tnt Pays Other Utils: 1
Water: 1
Liquor License
5 Cop (Transferable): 1
Status Change Info
Status: Active
Property Features
Type: Bar/Tavern/Lounge; Liquor License; Restaurant
Appliances: Ice Machine; Oven; Television
Cooling: Ceiling Fans(s)
Electric: 220 Volt
Furnishings: Furnished
Floor: Combo
Building Style: Two Story
Construction: Frame
Dockage: None
Roof: Combo Roof
Utilities: FKAA; Municipal Sewer
View: None
Waterview: None
Liquor License: 5 Cop (Transferable)
Miscellaneous: High Traffc Location; Residence on Premise
Property Rights: Other - See Remarks
Tenant Paid: Cable; Electric; Garbage; Gas; Insurance; Sewer; Taxes; Tnt Pays Other Utils; Water
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: June - 18 - 2026
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