1202 Simonton St | Key West, FL 33040
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This Retail Property is no longer advertised on LoopNet.com.
1202 Simonton St
Key West, FL 33040
Rare Value-Add Restaurant · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Former restaurant with two full bars conveniently located just four blocks from the beach and in a walker's paradise (Walk Score of 94).
- Fully equipped restaurant providing a value-add opportunity for an owner/user, an investor, or possibly for redevelopment potential.
- In a "historic commercial pedestrian zone" with proposed multiple uses, including a density bonus if the owner plans to build affordable rate units.
- Nearby major retailers include IGA, Centennial Bank, Iberia Bank, Bank of America, Denny’s, Starbucks, Margaritaville, and more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Restaurant
- Flex Showroom
- General Retail Fast Food
- General Retail Freestanding
Building Size
4,366 SF
Building Class
C
Year Built
1953
Tenancy
Single
Building Height
1 Story
Building FAR
0.91
Lot Size
0.11 AC
Zoning
HNC-1 - Neighborhood commercial: Simonton, Truman, and S. White Street corridors
Frontage
- 50’ on Simonton St
- 153’ on Simonton Street
AMENITIES
- Corner Lot
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 00028700-000000 | Improvements Assessment | $414,676 |
| Land Assessment | $1,297,256 | Total Assessment | $1,711,932 |
PROPERTY TAXES
Parcel Number
00028700-000000
Land Assessment
$1,297,256
Improvements Assessment
$414,676
Total Assessment
$1,711,932
Listing ID: 22735671
Date on Market: 4/14/2021
Last Updated:
Address: 1202 Simonton St, Key West, FL 33040
The Retail Property at 1202 Simonton St, Key West, FL 33040 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
NEARBY LISTINGS
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