816 Duval Street, KEY WEST, FL

$5,199,000

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3

Baths

2,695

Square feet

About 816 Duval Street

EXTRAORDINARY RENOVATED RESTAURANT & BAR OPPORTUNITY! This historic and uniquely Key West indoor/outdoor restaurant and bar is in an ideal location in the heart of world-famous Duval Street. OWNERS NOW willing to negotiate a Lease/Purchase alternative (min 5 years) with only 20% key-money up front plus market rent for turn-key use of fully equipped kitchen and all restaurant/bar FF&E! The current owners, sadly forced to sell due to personal health issues, have renovated the entire space and completed the long and grueling approval process that increased seating capacity and added significant value. The property, 2,695 SF of air-conditioned interior space with an additional 2,697 SF of usable shaded outdoor space, much of it covered, sits on a 4,470 SF tropically landscaped lot. The building has been transformed from the previous iconic French bakery, which was authorized for 71 seats and with only a beer and wine license, to a full service, all on one level, 128-seat destination restaurant, now with a 5COP Liquor License and full bar overlooking the electric energy of Duval Street. The renovation, led by one of Key West's top architects and accomplished by one of Key West's finest contractors, addressed all the major structural and maintenance issues and the result is simply stunning. The huge commercial kitchen is fully equipped and can easily service the 128 seats plus additional catering. All of the new tables, chairs, fixtures, equipment, professional landscaping, and lighting will convey with the sale. The current business and ''Bangkok Happy Bowl'' name, however, will NOT convey. This is an incredible 'turn-key' opportunity as a new owner could begin serving cocktails and food the moment they walk away from the closing table! A full inventory and equipment list will be provided to qualified buyers.

Features of 816 Duval Street

MLS® # 612534
Price $5,199,000
Bathrooms 3.00
Full Baths 1
Half Baths 2
Square Footage 2,695
Year Built 1928
Type Commercial
Sub-Type Commercial
Status Active

Community Information

Address 816 Duval Street
Area 02 - Key West
Subdivision Old Town - Unlisted (1.0)
City KEY WEST
County Monroe
State FL
Zip Code 33040

Amenities

Utilities FKAA, Propane, Municipal Sewer
View No Waterview
Is Waterfront No
Waterfront None

Interior

Interior Features Drapes/Blinds Incl, Furnished, Entrance Foyer, Pantry, Cathedral Ceilings, Wet Bar
Appliances Refrigerator, Dishwasher, Dryer, Washer, Range
Heating Central Air, Ceiling Fans(s), Heat Pump, Wall/Window Unit(s)
# of Stories 2

Exterior

Lot Description Less Than 1/4 Acre
Windows Double Hung Windows, Wood Windows, Aluminum Windows, Glass Doors, Single Hung Windows
Roof Metal Roof, Gutters, Combo Roof, Tar/Gravel Roof
Construction Frame

Additional Information

Date Listed December 4th, 2024
Days on Market 70
Zoning HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Short Sale No
RE / Bank Owned No

Listing Details

AgentKeith Bland
OfficeTruman & Co. (KW)

Listing Map

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