Well established Restaurant (20 years) in Islamorada. Great Hwy frontage with plenty of parking. The existing Name of Business Does Not ConveyThis business has (13) years of lease left, on roughly 10,000 sq ft of space; The total amount of the lease is $10,500 P/M (restaurant is 6000 sq ft (+/-); The remaining 4,000 sq ft (+/-) is leased to (3) tenants for a total of $6,000 P/M; Tenant (1) has 2700 sq ft; Tenant (2) has 800 sq ft Tenant (3) 500 sq ft; The Restaurant Business pays $4,500, $3,500 is fixed;Let your tenants keep paying the bulk of the rent while the business continues to grow. Beer / Wine license can be added.
| MLS# | 581899 |
|---|---|
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 67 |
| Story(s) | 1 |
|---|---|
| Units | 1 |
| Zoning | VC - Village Center |
Area Information | |
|---|---|
| State | FL |
| County | Monroe |
| City | Upper Matecumbe Key Islamorada |
| Zip Code | 33036 |
| Area | Islamorada |
| Listing VS Median (in 33036) | |
Price: $719,000 low | high Med: $990,000 On Site: 67 low | high Med: 52 | |
MLS Number: 581899
