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301 Overseas Highway, Big Coppitt, FL 33040

$900,000
Property Type: Commercial Lot Size (sq. ft.): 26,262 Status: Closed
Current Price: $900,000 List Date: 5/30/2013 Last Modified: 9/09/2024

Overview

Description

Bobalou's restaurant is currently a popular 60 seat restaurant located directly on US Highway 1 in the Lower Florida Keys. The restaurant currently has a beer license but could be expanded into a 150 seat SRX liquor license for full liquor. There is ample parking and over 175 feet of prime US 1/ Overseas Highway Frontage. The restaurant building includes a 2 BD/ 1 BA apartment in the rear of the restaurant.Potential owner financing available. Please do not disturb the restaurant.

Listing Details MLS# 118140

Location, Tax & Legal

Street #
301
Street Name
Overseas
Street Suffix
Highway
Key/Island
Big Coppitt
State/Province
FL
Zip Code
33040
Subdivision
Coppitt Extension (10.0)
Area
05 - Stock Island to Shark Key
KW Neighborhood
Outside of Key West
City
KEY WEST
Mile Marker
10
Side
Bay/Gulf
Alternate Key #
1194697
Parcel #
00149570-000000
Bldg Nbr
No
Zoning
SC - Sub Urban Commercial District
Taxes
4803
Tax Year
2013

Contract Information

Listing Board
Key West Association
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
26262
Waterfront
No
Business Name
Bobalu's Restaurant
Building SqFt
5195
Total Units
4
Year Built
1958
# Parking Spaces
No
# Stories
0
Building Ht. Ft.
0
Total # Buildings
0

Status Change Info

Sold Date
2014-07-14

Association Info

Mandatory Home Owners Asc
No
Association Fee $
0

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
Bobalou's restaurant is currently a popular 60 seat restaurant located directly on US Highway 1 in the Lower Florida Keys. The restaurant currently has a beer license but could be expanded into a 150 seat SRX liquor license for full liquor. There is ample parking and over 175 feet of prime US 1/ Overseas Highway Frontage. The restaurant building includes a 2 BD/ 1 BA apartment in the rear of the restaurant.Potential owner financing available. Please do not disturb the restaurant.

Deed Restrictions

Unknown
Yes

License Info

2-Cop (Beer & Wine)
Yes

Type

Other Comrcl Style
Yes
Restaurant
Yes
Retail
Yes

Dockage

None
Yes

Property Info

Gross Annual Expense
0
NOI
0

Cooling

Central Air
Yes

Construction

CBS
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Property Rights

Beverage License
Yes

Miscellaneous

High Traffc Location
Yes
High Visibility
Yes
Highway Frontage
Yes

Property Features

Deed Restrictions: Unknown License Info: 2-Cop (Beer & Wine) Type: Other Comrcl Style; Restaurant; Retail Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer Miscellaneous: High Traffc Location; High Visibility; Highway Frontage Construction: CBS Land Size: 1/2 - Less Than 1 AC Property Rights: Beverage License
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.