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D & V Commercial AC 311 Margaret St 8,750 SF 100% Leased Retail Building Key West, FL 33040 $4,995,000 ($570.86/SF)



Executive Summary
Concrete building with loading dock in the Seaport District of Old Town Key West. Currently used as retail/warehouse/workshop downstairs (approx. 5,000 SF) and office/storage/apartment on 2nd floor (approx. 3,750 SF). 9 parking spaces in front and on side. Loading dock and side ramp into building. Building has generator, propane tanks and 3 Phase electric for all kinds of commercial use. Elevated above flood plane. A lot of opportunity in this HRCC 2 zone.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,750 SF
Building Class
B
Year Built
1981
Price
$4,995,000
Price Per SF
$570.86
Percent Leased
100%
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.06
Lot Size
0.19 AC
Zoning
HRCC2
Parking
9 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
100’ on Margaret St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- D & V Commercial AC
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| D & V Commercial AC | - | - | - | - |
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (99)
Nearby Major Retailers
Property Taxes
| Parcel Number | 00002810-000100 | Improvements Assessment | $463,868 |
| Land Assessment | $1,538,320 | Total Assessment | $2,002,188 |
Property Taxes
Parcel Number
00002810-000100
Land Assessment
$1,538,320
Improvements Assessment
$463,868
Total Assessment
$2,002,188
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D & V Commercial AC | 311 Margaret St
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