Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051
Landmark Restaurant & Bar & Banquet Hall, 700 West Ocean Drive, Key Colony Beach, FL 33051

Landmark Restaurant & Bar & Banquet Hall 700 West Ocean Drive, Key Colony Beach, FL 33051

Availability: for sale
Property Type: Shopping Center - Restaurant
Year Built: 1968
Building Size: 11,226 SF
Land Size: 55250  SF
Price: $3,500,000
Zoning: B - 1 - Key Colony Business Res

Property Description

 

Prime trophy property on Key Colony Beach now for sale. This landmark & well known Restaurant and Bar has been owned, and in the past operated, by the same owner since 1990. Large 1.27 Acre lot in the heart of Key Colony Beach is very visible and has ample parking for customers and employees with 312' of frontage on W. Ocean Dr. There are two free-standing buildings on site. The main building houses the Restaurant, Bar and Banquet Hall & totals 8,436 sf. of finished sq. ft. Second building totals 2,790 sf. and has another kitchen and work areas that are somewhat unused. This is a whopping total of 11,226 sf. of finished sq. ft. for both buildings which is extremely hard to find anywhere in the Keys. Existing State Food Service License for 150- 249 Seats, KCB Cafe/Restaurant License for 150 Seats and a full liquor 5-COP-SRX liquor license that is non transferrable. Also, there is a 2b/1 ba apartment on the 2nd floor. There is an opportunity to fully utilize the building by adding Catering and more Special Events, Weddings, Parties, Meetings, etc. Zoning on Key Colony Beach is B-1, Neighborhood Business District which does allow for many Commercial uses. Property is currently leased and existing business and F, F & E not included at this time. See List Broker for details. In addition to this parcel, there is an adjoining 28,205 sf. Vacant Land parcel that may or may not be included. Roughly 147' x 191' rectangle shape. Zoning in this parcel is R-3, Multi -Unit Residential and may allow for up to 5 units to be built. Note KCB is ROGO Exempt. MLS# 613589 Price for this vacant lot is an additional $1 Million. Seller may consider Owner Financing to a Qualified & Creditworthy Buyer at Owners sole discretion.
 

Area Description

In addition to this parcel, there is an adjoining 28,205 sf. Vacant Land parcel that may or may not be included.

Highlights

Prime trophy property on Key Colony Beach, Catering & Special Events offer opportunities for growth, Adjoining 28,205 SF vacant land parcel is available for an additional $1 million, 1.27-acre lot features 312' of frontage
on W. Ocean Drive

Full Address: 700 West Ocean Drive, Key Colony Beach, FL 33051

Listing Type: FOR SALE

Status: Active

Zoning: B - 1 - Key Colony Business Res

Region: S-SE 

County: Monroe County

Use Type: Restaurant & Banquet Hall

Property ID: 4069702

Building Construction: C.B.S.

Building Sf: 11226

Parcel Num: 00074740-000000

Number Units: 1

Number Buildings: 2

Year Built: 1968

Year Renovation: 1990

Free Standing: Yes

Commission Comments: COOPERATIVE COMMISSIONS OR 25% REFERRAL FEES WITH NO HASSLE TO BROKERS!

Tenancy Type: Single-Tenant

Features

Prime trophy property on Key Colony Beach, Catering & Special Events offer opportunities for growth, Adjoining 28,205 SF vacant land parcel is available for an additional $1 million, 1.27-acre lot features 312' of frontage
on W. Ocean Drive

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