Description
Prime Downtown Islamorada commercial property featuring 5,232 SF of retail space across four bays on a 15,000 SF large corner lot with excellent US-1 frontage. More than 50 years of continuous retail use makes this a well-known and highly visible location with both strong drive-by exposure and pedestrian access. Village Center zoning allows for future expansion or mixed-use possibilities, including second-story development or workforce housing (subject to approvals). Two long-term tenants are currently in place and would like to remain, offering stable income for the next owner. The third and fourth bays are currently vacant and available for immediate use or lease -- an ideal opportunity to secure new tenants or owner occupancy before the holiday season.Approximate sizes for rental bays: #1 1326 SF, #2 1230 SF, #3 899 SF, #4 1136 SFThis is a rare opportunity to acquire a stable income-producing asset with long-term upside in one of the most supply-constrained markets in the Florida Keys.
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0BEDS
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0.34ACRES
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3BATHS
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01/2 BATHS
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5,232SQFT
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$564$/SQFT
School Ratings & Info
Description
Prime Downtown Islamorada commercial property featuring 5,232 SF of retail space across four bays on a 15,000 SF large corner lot with excellent US-1 frontage. More than 50 years of continuous retail use makes this a well-known and highly visible location with both strong drive-by exposure and pedestrian access. Village Center zoning allows for future expansion or mixed-use possibilities, including second-story development or workforce housing (subject to approvals). Two long-term tenants are currently in place and would like to remain, offering stable income for the next owner. The third and fourth bays are currently vacant and available for immediate use or lease -- an ideal opportunity to secure new tenants or owner occupancy before the holiday season.Approximate sizes for rental bays: #1 1326 SF, #2 1230 SF, #3 899 SF, #4 1136 SFThis is a rare opportunity to acquire a stable income-producing asset with long-term upside in one of the most supply-constrained markets in the Florida Keys.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.