6950 Overseas Hwy

6950 Overseas Hwy , Marathon, Florida, 33050 | 2,066 sq.f | $ 1,900,000

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About This Restaurant

Investment Highlights

Executive Summary

High visibility local seafood restaurant and market available for sale. Includes Real Estate, all furnishings, fixtures, and equipment (FF&E.) Property provides ample parking for 160 seat restaurant with a 6COP SRX Liquor License. Well established location known by locals and visitors alike. Multi-faceted operation with 2,066 sq ft containing high quality dining, fresh seafood market, catering, seafood shipping operation, and tiki bar. Business added 700 sq ft of open deck for extra seating and liquor license in 2022. Owner is extremely active and generous in not only the Marathon community but Keyswide. Stepped up during Covid to provide food for those in need, as well as finding hard to obtain items for locals to purchase. Value proposition is Growth, growth, growth for this business as profits have been invested back into the business. Real Estate consists of 3 acres +/- acres, 11,761 sq ft of which is a corner lot including improvement and 60 +/- linear feet on US 1, with Signage and centrally located in Marathon's main commerce bubble. The remaining 2.73 acres is deemed environmentally sensitive.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    2,066
  • Building Class    C
  • Year Built    1984
  • Price    1,900,000
  • Price Per SF    920
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.02
  • Land Acres    3.00 AC

Property Taxes

Parcel Number 00331400-000000 Improvements Assessment $617,726
Land Assessment $197,395 Total Assessment $815,121
Date Created: 2024-07-16 04:13:32 Last Updated: 2024-07-16 04:13:32
Address: 6950 Overseas Hwy , Marathon, Florida, 33050