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5670 Laurel Ave
Key West, FL 33040
Retail Property For Sale
Investment Highlights
- Located on Laurel Ave, with convenient access to Overseas Hwy
- County Zoning is Mixed Use (MU) with many Commercial and Residential uses possible
- Property sits behind the free-standing CVS at MM 5
Executive Summary
Prime Commercial property for sale on Stock Island! Located on Laurel Ave, with convenient access to Overseas Hwy. Property sits behind the free-standing CVS at MM 5. County Zoning is Mixed Use (MU) with many Commercial and Residential uses possible. Located in an AE flood zone. Subject property consists of two 50' x 125' lots totalling 100' of frontage x 125' deep on Laurel Ave. Large lot has covered and outdoor work areas. There is a large, ground level, 5,258 sf. CBS building in fair condition on the property. New building may be considered. Adjoining properties both have newer built structures. Part of building is owner occupied and portion leased to Cycle shop for rental income. Occupational Licenses for Public Service Marine Repair, Towing & Salvage and Retail Sales and Auto Repair, Detailing, Towing & Rentals. Seller may consider Owner Financing to a Qualified buyer.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,258 SF
Year Built/Renovated
1943/1980
Price
$2,921,850 CAD
Price Per SF
$555.70 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.29 AC
Zoning
MU - Mixed Use Zoning
Parking
10 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
100’ on Laurel Ave
Amenities
- Fenced Lot
- Signage
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 00124410-000000 | Improvements Assessment | $244,599 CAD |
| Land Assessment | $973,340 CAD | Total Assessment | $1,217,939 CAD |
Property Taxes
Parcel Number
00124410-000000
Land Assessment
$973,340 CAD
Improvements Assessment
$244,599 CAD
Total Assessment
$1,217,939 CAD
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