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Wade M. Berlin

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816 Duval Street
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PRICED AT ONLY: $5,195,000

Address: 816 Duval Street, KEY WEST, FL 33040

Description

EXTRAORDINARY RESTAURANT & BAR OPPORTUNITY! This historic and uniquely Key West indoor/outdoor restaurant and bar is in an ideal location in the heart of world famous Duval Street. The current owners, sadly forced to sell due to personal health issues, have renovated the entire space and completed the grueling approval process that increased seating capacity and added significant value. The property, 2,695 SF of air conditioned interior space with an additional 2,697 SF of usable shaded outdoor space, much of it covered, sits on a 4,470 SF tropically landscaped lot. The building has been transformed from the previous iconic French bakery, which was authorized for 71 seats and with only a beer and wine license, to a full service, all on one level, 128 seat destination restaurant, now with a 5COP Liquor License and full bar overlooking the electric energy of Duval Street. The renovation, led by one of Key West's top architects and accomplished by one of Key West's finest contractors, addressed all the major structural and maintenance issues and the result is simply stunning. The huge commercial kitchen is fully equipped and can easily service the 128 seats plus additional catering. All of the new tables, chairs, fixtures, equipment, professional landscaping, and lighting will convey with the sale. The current business and ''Bangkok Happy Bowl'' name, however, will NOT convey. This is an incredible 'turn key' opportunity as a new owner could begin serving cocktails and food the moment they walk away from the closing table! A full inventory and equipment list will be provided to qualified buyers.
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  • MLS#: 612534 ( Restaurant,Bar )
  • Street Address: 816 Duval Street
  • Viewed: 1
  • Price: $5,195,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1928
  • Bldg sqft: 0
  • Total Baths: 3
  • Full Baths: 1
  • 1/2 Baths: 2
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Features
Building and Construction
  • Construction: Frame
  • Floor: Tile, Combo, Wood
  • Net Leasable Area: 2695.00
  • Num Stories: 2.0
  • Roof: Metal Roof, Gutters, Combo Roof, Tar/Gravel Roof
  • Sqft Source: Property Data Card
Property Information
  • Property Group Id: 19990816212135227274000000
  • Property Info: License Included
  • Property Rights: Beverage License, Multi-Use/Commercial
Eco-Communities
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ceiling Fans(s), Heat Pump, Wall/Window Unit(s)
  • Electric: Circuit Breakers, 440 Volt, 220 Volt
  • Heating: Heat Pump
  • Kw Neighborhood: Old Town-N of Truman
  • Utilities: FKAA, Propane, Municipal Sewer
  • Windowsdoors: Double Hung Windows, Wood Windows, Aluminum Windows, Glass Doors, Single Hung Windows
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2023
Other Features
  • Alternate Key Num: 1017591
  • Appliances Other: Walk In Refridgerato
  • Appliances: Refrigerator, Dishwasher, Dryer, Washer, Range
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Dockage: None
  • Interior Features: Drapes/Blinds Incl, Furnished, Entrance Foyer, Pantry, Cathedral Ceilings, Wet Bar
  • Legal Description: KW PT LOT 3 SQR 6 TR 4 A5-444 G73-455 OR289-268 OR338-98 OR764-1981 OR916-1850 OR969-2207 OR1039-1551 OR1061-2258 OR1502
  • Limitd Reprsntation: No
  • Mile Marker: 0.00
  • Miscellaneous: Security System, Other Miscellaneous, High Visibility, High Traffc Location, Fencing, Patio, Handicap Access, Storage
  • Parcel Num: 00017160-000000
  • Shutters: Panel, Storm Shutters
  • Side: N/A
  • Style: Commercial
  • Year Established: 2023-12-01
  • Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin