This Retail Property is no longer advertised on LoopNet.com.

423 Duval St
Key West, FL 33040
Retail Property For Sale

Investment Highlights

  • Median Household income of $73,129 in the area
  • 9 minutes from Key West International Airport
  • Daily traffic count of 7,087 vehicles

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,300 SF
Building Class
C
Year Built
1953
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.96
Lot Size
0.15 AC
Zoning
HRCC1 - Historical Residential Commercial Core
Frontage
66’ on Duval

About 423 DUVAL ST , KEY WEST, FL 33040

CBD & THC BUSINESS FOR SALE ABOUT THE PROPERTY Location, Location, Location! Excellent Business opportunity for Sale in prime located in Key West and Wynwood. Successful and unique CBD and THC stores with unique products exclusive patent and over 50% NET profit offered for sale for personal reasons. 1. A special working method which is basically the whole system. Slushy / Hail with prepared syrup and cannabis oil (A unique and exclusive formula that you will not find anywhere in the entire country) 2. Skilled, practiced and talented staff with competent work practices. 3. The location in Key West has a signed lease agreement for five years with a five-year option, in Wynwood the agreement is renewed monthly. 4. Each store has an experienced and professional store manager. 5. Guaranteed supply of products for the first three months with an option to extend. Location No 1: 423 Duval St., Key West, FL 33040 5 Years Lease with 5 Years Option. Approximately ~1650 ft². of retail spaces. Rent quoted is base only, triple net charges & sales tax apply. $13K Monthly Lease Estimate annual sales of $550,000. Location No 2: 2621 NW 2nd Ave. Miami FL 33127 Monthly rental agreement. Approximately ~800 ft². of retail spaces. Wynwood Paid $10K Monthly Lease Estimate annual sale of $500,000 (The figures here are based on the average monthly income in the existing stores, and do not include duplicating the formula for other locations) Asking price: $500,000

Property Taxes

Property Taxes

Parcel Number
00006530-000000
Land Assessment
$2,475,000
Improvements Assessment
$731,453
Total Assessment
$3,206,453
  • Listing ID: 27598245

  • Date on Market: 1/26/2023

  • Last Updated:

  • Address: 423 Duval St, Key West, FL 33040

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