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930 Eaton Street

Key West, FL 33040
  • $695,000
  • STATUS: Active Under Contract
  • ON SITE: 193 Days
  • MLS #: 610115
Under Contract
$695,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
  • 1,693
    SQFT
  • $411
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1908
County:

School Ratings & Info

Description

Business Only -A Key West institution, this award-winning bakery and sandwich shop is offered for sale by the original owners for the first time. This is your opportunity to own a piece of real Key West. Located in a historical building on a busy, high visibility corner in the heart of the Historic Seaport neighborhood. Boasting consistently strong sales numbers for it's more than 14 year history. 2024 is booming and the bakery's location on the corner of Eaton and Grinnell Streets features heavy foot traffic from the hotels and guesthouses that surround it, as well as the local following it has enjoyed since it's 2010 inception. Presently run as takeout only. Old Town Bakery is highly profitable as is, and offers excellent opportunity for expansion with added seating, increased hours of operation, delivery, wholesale, just to name a few. Seller owns the property and will work with Buyer on any expansion projects and will negotiate a fair, long term lease that work for the continued success of the business. Large kitchen, as well as massive storage area on 2nd floor easy to convert to office or even owner's quarters. Priced at 1.6 times the Net Operating Income, this lucrative fully equipped business is ready to go for a new owner/operator. All financials including 3 years tax returns and thorough sales data will be provided with NDA.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buythekeys.com/homes/150850511
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930 Eaton Street Key West, FL 33040

  • Price: $695,000
  • Status: Active Under Contract
  • On Site: 193 Days
  • MLS #: 610115
0
Beds
0
Baths
1
½ Baths
N/A
Acres
1,693
SQFT
$411
$/SQFT
1908
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Business Only -A Key West institution, this award-winning bakery and sandwich shop is offered for sale by the original owners for the first time. This is your opportunity to own a piece of real Key West. Located in a historical building on a busy, high visibility corner in the heart of the Historic Seaport neighborhood. Boasting consistently strong sales numbers for it's more than 14 year history. 2024 is booming and the bakery's location on the corner of Eaton and Grinnell Streets features heavy foot traffic from the hotels and guesthouses that surround it, as well as the local following it has enjoyed since it's 2010 inception. Presently run as takeout only. Old Town Bakery is highly profitable as is, and offers excellent opportunity for expansion with added seating, increased hours of operation, delivery, wholesale, just to name a few. Seller owns the property and will work with Buyer on any expansion projects and will negotiate a fair, long term lease that work for the continued success of the business. Large kitchen, as well as massive storage area on 2nd floor easy to convert to office or even owner's quarters. Priced at 1.6 times the Net Operating Income, this lucrative fully equipped business is ready to go for a new owner/operator. All financials including 3 years tax returns and thorough sales data will be provided with NDA.
Exterior Features

Construction Frame Dockage None Land Size Less Than 1/4 Acre Lot Size 35 X 96 Parking Spaces 3 Side Median Style Commercial Vehicle Storage Off Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances Other To verify Floor Combo Interior Features Other Net Leasable Area 1080.00 Windows Doors Wood Windows

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Old Town Bakery City KEY WEST Commercial Type Restaurant Control Depth 0 Fee Includes None Flood Zone AE Key West Neighborhood Old Town-N of Truman Listing Board Key West Association Mile Marker 1.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Sq Ft Source Seller Tax Year 0 Taxes 0.00 Tenant Paid Tnt Pays Other Utils Total Units 0.00 Utilities Buyer to Verify Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Listing courtesy of Team Gardner/Langley of Berkshire Hathaway Knight & Gardner: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Coastal Collection Real Estate Inc.
422 Fleming St Suite 7
Key West FL, 33040