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Wade M. Berlin

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  4. 930 Eaton Street, KEY WEST, FL 33040
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930 Eaton Street
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PRICED AT ONLY: $695,000

Address: 930 Eaton Street, KEY WEST, FL 33040

Description

Business Only A Key West institution, this award winning bakery and sandwich shop is offered for sale by the original owners for the first time. This is your opportunity to own a piece of real Key West. Located in a historical building on a busy, high visibility corner in the heart of the Historic Seaport neighborhood. Boasting consistently strong sales numbers for it's more than 14 year history. 2024 is booming and the bakery's location on the corner of Eaton and Grinnell Streets features heavy foot traffic from the hotels and guesthouses that surround it, as well as the local following it has enjoyed since it's 2010 inception. Presently run as takeout only. Old Town Bakery is highly profitable as is, and offers excellent opportunity for expansion with added seating, increased hours of operation, delivery, wholesale, just to name a few. Seller owns the property and will work with Buyer on any expansion projects and will negotiate a fair, long term lease that work for the continued success of the business. Large kitchen, as well as massive storage area on 2nd floor easy to convert to office or even owner's quarters. Priced at 1.6 times the Net Operating Income, this lucrative fully equipped business is ready to go for a new owner/operator. All financials including 3 years tax returns and thorough sales data will be provided with NDA.

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More Like This
  • MLS#: 610115 ( Restaurant )
  • Street Address: 930 Eaton Street
  • Viewed: 4
  • Price: $695,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1908
  • Bldg sqft: 0
  • Total Baths: 1
  • 1/2 Baths: 1

Description

Business Only A Key West institution, this award winning bakery and sandwich shop is offered for sale by the original owners for the first time. This is your opportunity to own a piece of real Key West. Located in a historical building on a busy, high visibility corner in the heart of the Historic Seaport neighborhood. Boasting consistently strong sales numbers for it's more than 14 year history. 2024 is booming and the bakery's location on the corner of Eaton and Grinnell Streets features heavy foot traffic from the hotels and guesthouses that surround it, as well as the local following it has enjoyed since it's 2010 inception. Presently run as takeout only. Old Town Bakery is highly profitable as is, and offers excellent opportunity for expansion with added seating, increased hours of operation, delivery, wholesale, just to name a few. Seller owns the property and will work with Buyer on any expansion projects and will negotiate a fair, long term lease that work for the continued success of the business. Large kitchen, as well as massive storage area on 2nd floor easy to convert to office or even owner's quarters. Priced at 1.6 times the Net Operating Income, this lucrative fully equipped business is ready to go for a new owner/operator. All financials including 3 years tax returns and thorough sales data will be provided with NDA.
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Features
Building and Construction
  • Construction: Frame
  • Floor: Combo
  • Net Leasable Area: 1080.00
  • Num Stories: 1.0
  • Sqft Source: Seller
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212135227274000000
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Off Shore Island: No
  • Water View: No Waterview
Utilities
  • Kw Neighborhood: Old Town-N of Truman
  • Utilities: Buyer to Verify
  • Windowsdoors: Wood Windows
Finance and Tax Information
  • Fee Includes: None
  • Tenant Paid: Tnt Pays Other Utils
Other Features
  • Alternate Key Num: 8916981
  • Appliances Other: To verify
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Dockage: None
  • Flood Zone: AE
  • Interior Features: Other
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Parcel Num: 00005470-000100
  • Side: Median
  • Style: Commercial
  • Year Established: 0000-00-00
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Nearby Subdivisions
Benj Alburys Subd (2.0)   Blvd Professional (3.0)   Casa Gato (2.0)   Coral Estates (2.0)   Duval Sq Ph 1 & 2 (1.0)   Filer Boyle Sub (1.0)   Flagler Center Ph 3 (3)   Gardens Of Key West (1.0)   Gg Watson Sub (1.0)   Gwynn Sub (1.0)   Hilton Haven Sec 2 A (2.0)   Island City Sub (2.0)   Jack Sq Prof Cent (1.0)   Key West Prof Plaza (2.0)   Key West Realty Cos Sub (3.0)   Luani Plaza (3.0)   Macros Subd (2.0)   Moffats Sub (2.0)   Monroe Investement Co Sub (2.0   New Town - Unlisted (2.0)   New Town - Unrecord (3.0)   Offices At Northside (3.0)   Old Town - Unlisted (1.0)   Old Town - Unrecord (1.0)   Riviera Shores (3.0)   Seafoam (2.0)   Truman Ave Condo (1.0)   Viva Varela (1.0)   W C Maloney Diagram (2.0)   Webb Realty Co Sub (1.0)  
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