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Wade M. Berlin

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1021-1025 White Street
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PRICED AT ONLY: $2,095,000

Address: 1021-1025 White Street, KEY WEST, FL 33040

Description

ABSOLUTE PRIME LOCATION: freestanding multi tenant CBS building perfectly located in the very heart of the busy White St commercial corridor on the NE corner of White and Virginia St, and directly across White St from iconic Sandy's Cafe and across Virginia St from equally iconic Fausto's Food Palace. This 3,991 SF CBS building is currently configured for three retail tenants and is an excellent investment opportunity, ideal for a 1031 Exchange. Two of the 3 tenants front White St (both leases expire Spring 2026). The third, approximately 1500 SF back space's lease recently expired, and sits freshly painted and empty for ease of showing and is available. The back space fronts Virginia St. (the entrance address is 1203 Virginia). The building has outstanding corner visibility for vehicles, bikes, and pedestrians for retail/commercial tenants on one of the busiest commercial corridors and signalized intersections in Old Town Key West. Truly an Old Town steal at $525 PSF at list price, given the top notch condition of the building and its prime location.
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  • MLS#: 612380 ( Office Buildings,Retail,Professional Service,Grocery/Convenience,Shop/Strip Center )
  • Street Address: 1021-1025 White Street
  • Viewed: 5
  • Price: $2,095,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1947
  • Bldg sqft: 0
  • Total Baths: 3
  • 1/2 Baths: 3
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Features
Building and Construction
  • Construction: CBS, Stucco
  • Floor: Tile, Wood
  • Net Leasable Area: 3991.00
  • Num Stories: 2.0
  • Sqft Source: Tax Records
  • Total Number Of Units: 3.00
Property Information
  • Property Group Id: 19990816212135227274000000
  • Property Rights: Multi-Use/Commercial
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Water View: No Waterview
Utilities
  • Cooling: Wall/Window Unit(s), Heat Pump
  • Heating: Ductless, Heat Pump
  • Kw Neighborhood: Old Town-S of Truman
  • Utilities: FKAA, Municipal Sewer
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2023
  • Tenant Paid: Water, Tnt Pays Other Utils, Garbage, Electric, Insurance, Taxes
Other Features
  • Alternate Key Num: 8594399
  • Appliances Other: None
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Dockage: None
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Legal Description: KW PT OF TR 14 OR840-1942/43 OR1028-683/85C OR1028-688/90 OR1117-1379/81 OR1649-662/64P/R OR1657-2243/44
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Parcel Num: 00033820-000100
  • Shutters: Storm Shutters
  • Side: N/A
  • Style: Commercial
  • Year Established: 0000-00-00
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
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Contact Info

  1. The Real Estate Professional You Deserve
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Wade M. Berlin