Rare chance to acquire an iconic restaurant, bar, and retail opportunity, with a uniquely versatile 5 COP unrestricted Liquor License. The sale includes real estate, renovated building, and a spacious 4+ bedroom, 2 bathroom apartment on the second floor currently listed on Airbnb. The property boasts a large indoor bar and dining area with air conditioning, as well as an outdoor bar with a stage for live performances. Situated on the highly visible Overseas Highway, it offers over 340 feet of highway frontage, a prominent billboard for southbound traffic, and a historic neon sign visible to northbound travelers. There is plenty of parking for both employees and customers, and the property underwent major renovations between 2016 and 2017, with additional upgrades made recently. Included in the sale are all furnishings, fixtures, restaurant and liquor store equipment, coolers, and a unique 5 COP unrestricted liquor license, and inventory. The property also includes a transferable city of Marathon Market Rate TBR (Transferable Building Right.) and is licensed for 157 seats, covering both indoor and outdoor areas.Despite its established reputation for cold drinks, great food, a pub atmosphere, arcade games, and live music, there is still room for significant growth with hands on ownership. This property offers a solid foundation and excellent potential for further expansion and success.The Overseas Pub& Grill has played a significant role in Marathon for over 70 years. Most recently the establishment has become the center of a robust philanthropic effort, spearheaded by key personnel, raising considerable funds for those needing help, both near and far.
Rare chance to acquire an iconic restaurant, bar, and retail opportunity, with a uniquely versatile 5 COP unrestricted Liquor License. The sale includes real estate, renovated building, and a spacious 4+ bedroom, 2 bathroom apartment on the second floor currently listed on Airbnb. The property boasts a large indoor bar and dining area with air conditioning, as well as an outdoor bar with a stage for live performances. Situated on the highly visible Overseas Highway, it offers over 340 feet of highway frontage, a prominent billboard for southbound traffic, and a historic neon sign visible to northbound travelers. There is plenty of parking for both employees and customers, and the property underwent major renovations between 2016 and 2017, with additional upgrades made recently. Included in the sale are all furnishings, fixtures, restaurant and liquor store equipment, coolers, and a unique 5 COP unrestricted liquor license, and inventory. The property also includes a transferable city of Marathon Market Rate TBR (Transferable Building Right.) and is licensed for 157 seats, covering both indoor and outdoor areas.Despite its established reputation for cold drinks, great food, a pub atmosphere, arcade games, and live music, there is still room for significant growth with hands on ownership. This property offers a solid foundation and excellent potential for further expansion and success.The Overseas Pub& Grill has played a significant role in Marathon for over 70 years. Most recently the establishment has become the center of a robust philanthropic effort, spearheaded by key personnel, raising considerable funds for those needing help, both near and far.
Features
Building and Construction
Construction: CBS
Net Leasable Area: 300.00
Num Stories: 2.0
Total Number Of Units: 0.00
Property Information
Property Group Id: 19990816212135227274000000
Property Rights: Transient License, Multi-Use/Commercial, Transfer Bldg Rights, Beverage License
Garage and Parking
Vehicle Storage: Guest Parking, Off Street Parking
Eco-Communities
Off Shore Island: No
Water View: No Waterview
Utilities
Cooling: Central Air
Electric: Three Phase
Utilities: FKAA, Buyer to Verify, Municipal Sewer
Finance and Tax Information
Fee Includes: None
Tax Year: 2023
Other Features
Alternate Key Num: 1414581
Appliances Other: YES
Appliances: Refrigerator, Dishwasher, Range
Association Info 1st Right Of Refusal: No
Association Info Mandatory Home Owners Asc: No
Deed Restrictions: Unknown
Dockage: None
Flood Zone: AE
Legal Description: See Lengthy Legal Description in Documents Section
Limitd Reprsntation: No
Mile Marker: 49.00
Miscellaneous: Security System, Other Miscellaneous, High Visibility, High Traffc Location, Patio
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 di
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.