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Big Cheezees Pub & Grub 404 Southard St 4,892 SF Retail Building Key West, FL 33040 $4,646,279 CAD ($949.77 CAD/SF) 6.56% Cap Rate
Investment Highlights
- Located in historic Old Town Key West, just steps from Duval Street and major island attractions
- Surrounded by a dynamic mix of restaurants, galleries, and boutique retail storefronts that draw consistent local and tourist traffic
- Walkability score of 95 makes it a pedestrian-friendly site, ideal for vibrant retail or service-oriented businesses
- Positioned on Southard Street with convenient accessibility to major thoroughfares on the island
Executive Summary
This large restaurant/bar in the heart of downtown Key West is presently rented for $18,000 NNN a month with over three years remaining on the lease. The location is excellent and the building has an effective rebuild date of 2005. The current tenant may be negotiable. Buy a piece of Key West. Call today.
Agent Remarks: Call me anytime. Darrin 305 849 8683
Agent Remarks: Call me anytime. Darrin 305 849 8683
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,892 SF
Building Class
C
Year Built/Renovated
1995/2010
Price
$4,646,279 CAD
Price Per SF
$949.77 CAD
Cap Rate
6.56%
NOI
$304,582 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.13 AC
Zoning
HRO - Historic Residential/Office District
Frontage
126’ on Southard St
Amenities
- Restaurant
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00012690-000202 | Improvements Assessment | $896,283 CAD |
| Land Assessment | $1,997,626 CAD | Total Assessment | $2,893,908 CAD |
Property Taxes
Parcel Number
00012690-000202
Land Assessment
$1,997,626 CAD
Improvements Assessment
$896,283 CAD
Total Assessment
$2,893,908 CAD
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Big Cheezees Pub & Grub | 404 Southard St
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