ABSOLUTE PRIME LOCATION: freestanding multi-tenant CBS building perfectly located in the very heart of the busy White St commercial corridor on the NE corner of White and Virginia St, and directly across White St from the iconic Sandy's Cafe and across Virginia St from equally iconic Fausto's Food Palace. This 3,991 SF CBS building is currently configured for three retail tenants and is an excellent investment opportunity, ideal for a 1031 Exchange. Two of the 3 tenants front White St (both leases expire Spring 2026). The third, approximately 1500 SF back space's lease recently expired, and sits freshly painted and empty for ease of showing and is available. The back space fronts Virginia St. (the entrance address is 1203 Virginia). The building has outstanding corner visibility for vehicles, bikes, and pedestrians for retail/commercial tenants on one of the busiest commercial corridors and signalized intersections in Old Town Key West. Truly an Old Town steal at $525 PSF at list price, given the top-notch condition of the building and its prime location.
MLS# | 612380 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1947 |
Days On Site | 61 |
Listing Provided By | Truman & Co. (KW) | Keith Bland |
Bath(s) | 3 Total |
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SQ Feet | 3,991 |
Story(s) | 2 |
Units | 3 |
Building(s) | 1 |
Zoning | HNC(1-3) - Hist Nghborhd |
Acreage | 0.11 |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | KEY WEST |
Zip Code | 33040 |
Area | 02 Key West |
Community Name | Webb Realty Co Sub (1.0) |
Listing VS Median (in Webb Realty Co Sub (1.0)) | |
Price: $2,095,000 low | high Med: $3,275,000 SqFt: 3,991 low | high Med: 3,049 $ / SqFt: $525 low | high Med: $1,074 On Site: 61 low | high Med: 287.000000 |