Tremendous Opportunity to Purchase this trophy, landmark

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Commercial For Sale

3574 Overseas Highway

Marathon, Florida 33050

Monroe County Water View: Yes

Community: Marathon Beach (4)

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$4,800,000 5 br, 4.0 bath 0 sq. ft. 0.000 acres

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 dining room with AC and also outdoor bar with stage. Plus 5bd/2ba apartment on 2nd floor rented on included. Great visibility on Overseas Hwy with over 340' of highway frontage. In addition, large Billboard facing S. bound and historic Overseas Lounge Neon sign facing N. bound traffic. Ample parking for employees and customers.Restaurant was completely renovated the property in 2016 & 2017 along with many recent improvements. Sale includes all Furniture, Fixtures & Restaurant & Liquor store Equipment & coolers, plus valuable 5 COP unrestricted Liquor License & approx. $100,000 in Inventory. Also, 1 TBR Rogo Unit. Licensed for 157 Seats with Indoor & Outdoor Bar & seating. Businesses have not been optimized or stabilized. Room to substantially grow with on-site, active ownership.Boasting the Coldest Beer in Town, Great Food, Pub, Grill, Arcade, Live Music and well stocked liquor store!

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 0
  • Year Built: 1953
  • Utilities: 
  • Fireplaces: 
  • Stories: 2.0
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • Property Taxes: $22,713
  • MLS #: 606653
  • Unit Number: 1-7
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Beach Commercial For Sale in Marathon, Florida
Ad Number: 4194855
Viewed 42 times.
Updated: Jan 16, 2024

This property is a Commercial located at 3574 Overseas Highway, Marathon, Florida 33050, and is currently For Sale at $4,800,000. This Commercial has 5 bedrooms, 4.0 baths, 0 sq ft.

Listing Agent: Curtis A Skomp, CCIM, Internet Realty/Florida Keys Inc (KW), , 305-296-1400 Listing Site, Listing Status: Active
Copyright © 2024 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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