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Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,398 SF
  • Negotiable
  • $90.95 CAD/SF/YR $7.58 CAD/SF/MO $127,141 CAD/YR $10,595 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Rare leasing opportunity in the heart of Old Town Key West. The property offers approximately 1,398 square feet, consisting of 1,078 square feet of ground-floor commercial space plus an additional 320-square-foot loft/workspace area. The space is well suited for a variety of retail, office, gallery, or service-oriented uses. In addition to the interior space, the property features usable front, side, and rear outdoor areas, including a large backyard that may be ideal for outdoor seating, storage, displays, events, or other complementary business uses. Located in a highly desirable Old Town location with excellent visibility and accessibility, this unique property offers flexibility that is difficult to find in the Key West market. Base rent only; NNN expenses not included.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor 1,398 SF Negotiable $90.95 CAD/SF/YR $7.58 CAD/SF/MO $127,141 CAD/YR $10,595 CAD/MO Triple Net (NNN)

1st Floor

Size
1,398 SF
Term
Negotiable
Rental Rate
$90.95 CAD/SF/YR $7.58 CAD/SF/MO $127,141 CAD/YR $10,595 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Rare leasing opportunity in the heart of Old Town Key West. The property offers approximately 1,398 square feet, consisting of 1,078 square feet of ground-floor commercial space plus an additional 320-square-foot loft/workspace area. The space is well suited for a variety of retail, office, gallery, or service-oriented uses. In addition to the interior space, the property features usable front, side, and rear outdoor areas, including a large backyard that may be ideal for outdoor seating, storage, displays, events, or other complementary business uses. Located in a highly desirable Old Town location with excellent visibility and accessibility, this unique property offers flexibility that is difficult to find in the Key West market. Base rent only; NNN expenses not included.

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Key West Kite Co.

  • Key West Med Spa PLLC

Property Facts

Total Space Available 1,398 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 1,398 SF
Year Built 1933

About the Property

Rare leasing opportunity in the heart of Old Town Key West. The property offers approximately 1,398 square feet, consisting of 1,078 square feet of ground-floor commercial space plus an additional 320-square-foot loft/workspace area. The space is well suited for a variety of retail, office, gallery, or service-oriented uses. In addition to the interior space, the property features usable front, side, and rear outdoor areas, including a large backyard that may be ideal for outdoor seating, storage, displays, events, or other complementary business uses. Located in a highly desirable Old Town location with excellent visibility and accessibility, this unique property offers flexibility that is difficult to find in the Key West market. Base rent only; NNN expenses not included.

Exceptionally walkable
100/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100

Nearby Major Retailers

Fat Tuesday
Iga
First Horizon Bank
Margaritaville
Centennial Bank
  • Listing ID: 40895143

  • Date on Market: 2026-06-12

  • Last Updated:

  • Address: 408 Greene St, Key West, FL 33040

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