$969,000

2673 Overseas Highway

Marathon FL, 33050

Description

Rare opportunity to acquire an entire commercial block on highway US-1 with tenants in place. Property is currently rented with 3 businesses as well as owner storage, Tenants include a Cuban cafe, canvas shop and ice machine. Ideal location steps away from resorts in the heart of Marathon. With 200ft of highway frontage this property is also perfect for redevelopment. Parcel Divided Options: 2601-2603 Overseas Hwy - 50X100 parcel - 5000sf - 2 structures = 1663sf - Cafe Restaurant #40 Authorized Seats - Tenant Occupied - List Price $375,000.00 2673-2675 Overseas Hwy - 150ft of Frontage - 150X100 parcel - 15000sf - Canvas Shop, Ice Machine, & Owner Storage building - Tenant Occupied - List $619,000* Seller would consider small second mortgage*

Details

MLS#587802
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusContingent
Year1948
Days On Site168

Features

SQ Feet4,262
Story(s)0
ZoningMU - Mixed Use Commercial Mixed

Market Activity 33050

Loading Form

Loading Form

Area Information

StateFL
CountyMonroe
CityMarathon
Zip Code33050
AreaMiddle Keys
SubareaOutside of Key West
Listing VS Median (in 33050)
Price:
$969,000
low | high
Med:
$485,000
99.948400412797% of Average
SqFt:
4,262
low | high
Med:
1,456
100% of Average
$ / SqFt:
$227
low | high
Med:
$333
3.489067691854% of Average
On Site:
168
low | high
Med:
301
55.813953488372% of Average
Listing Updated: 04/03/2020
MLS Number: 587802
Listing Provided By:
Team Gardner/Langley  of  Berkshire Hathaway Knight Gardner Realty