3574 Overseas Highway 1-7, MARATHON, FL

$4,800,000

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5

Beds

4

Baths

7,706

Square feet

About 3574 Overseas Highway 1-7

Tremendous Opportunity to Purchase this trophy, landmark Restaurant, Bar & Liquor Store. Known in Marathon for nearly a century! Real Estate and renovated Building included. Large inside bar and dining room with AC and also outdoor bar with stage. Plus 5bd/2ba apartment on 2nd floor rented on AirBnB included. Great visibility on Overseas Hwy with over 340' of highway frontage. In addition, large Billboard facing S. bound and historic Overseas Lounge Neon sign facing N. bound traffic. Ample parking for employees and customers.Restaurant was completely renovated the property in 2016 & 2017 along with many recent improvements. Sale includes all Furniture, Fixtures & Restaurant & Liquor store Equipment & coolers, plus valuable 5 COP unrestricted Liquor License & approx. $100,000 in Inventory. Also, 1 TBR Rogo Unit. Licensed for 157 Seats with Indoor & Outdoor Bar & seating. Businesses have not been optimized or stabilized. Room to substantially grow with on-site, active ownership.Boasting the Coldest Beer in Town, Great Food, Pub, Grill, Arcade, Live Music and well stocked liquor store!

Features of 3574 Overseas Highway 1-7

MLS® # 606653
Price $4,800,000
Bedrooms 5
Bathrooms 4.00
Full Baths 2
Half Baths 2
Square Footage 7,706
Year Built 1953
Type Commercial
Sub-Type Commercial
Status Active

Community Information

Address 3574 Overseas Highway 1-7
Area 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
Subdivision Marathon Beach (49.0)
City MARATHON
County Monroe
State FL
Zip Code 33050

Amenities

Utilities Municipal Sewer, Buyer to Verify
Parking Guest Parking, Off Street Parking
View No Waterview
Is Waterfront No
Waterfront None

Interior

Appliances Refrigerator, Range, Dishwasher
Heating Central A/C
# of Stories 2

Exterior

Lot Description 1/2 - Less Than 1 AC
Windows Other Windows/Doors
Roof Other Roof
Construction CBS

Additional Information

Date Listed September 14th, 2023
Days on Market 215
Zoning MU - Mixed Use Commercial Mixed Use
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentCurtis Skomp, Ccim
OfficeRE/MAX Keys Connection (KW)

Listing Map

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