Dons’ Place Bar & Liquor Store — Sale in Key West, FL

  • Price: $3.4M
  • Listing type: For sale
  • Asset type: Retail Property
  • Location: Key West, FL 33040
  • Size: 2,756 SF
  • Year built: 1994
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coa

Photos

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Investment Figures

Price per square foot
$1,225

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Buy a Bar & Liquor Store in Key West! Dons' Place is the opportunity to purchase an Iconic and Landmark Indoor and Outdoor Bar & a Liquor Store with a Drive Through! This package is rarely available in Key West or anywhere in the Keys. Big bonus is that is includes a very valuable, full, unrestricted & transferrable 5-COP Liquor License that includes Tobacco & Retail Beverage with no food requirement! BEV 5400161. The Indoor Bar and adjoining Liquor Store are in the main corner, CBS 2,396 sf. building along with men's and women's restrooms, office & storage. The building also operates maybe the only drive through, pick up window for Beer, Wine and Liquor left in the Keys! Several major repairs include new AC unit, new Bar and plumbing. New roof in 2022. There is an assuring backup propane Generac Generator with automatic transfer. All Furniture, Fixtures and Equipment included. Outside is another 1,588 sf. covered outdoor Bar for entertaining, weddings, special events and parties. There is bar and table seating and a separate small office/storage building. The Bar and Liquor store are popular with both tourists and locals. The business is family managed with absentee owners and a few long time employees. The Bar and Liquor Store are a money making operation with so many opportunities for growth for a new owner. Current Bar hours are 7am until 4am, 7 days per week. Same absentee owners since 1998 and first time listed for sale. Sellers may consider Seller financing to a Qualified Buyer at Sellers discretion.

Market Context

This retail in Key West, FL is listed for sale at $3,375,000 across 2,756 SF. The building dates to 1994. Compare it against other retail listings for sale in Key West, FL — view the full market.

Estimated Price per SF

$308.69/SF – $2,245/SF

Mid: $935.43/SF

Estimated price for 2,756 SF: $2,578,045 (range $850,750 – $6,187,303)

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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Questions to ask the broker

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  • How many parking spaces come with the property?

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