Lowest-Priced Commercial Retail Space in Old Town -- Offering an 8% CAP Rate. Positioned along high-visibility Truman Avenue, this commercial condominium delivers exceptional exposure in the heart of Key West, surrounded by a vibrant mix of shops, restaurants, residences, and historic attractions. The flexible space is well suited for retail, professional office, salon, studio, or gallery use. Recent improvements include new flooring, fresh interior paint, and a renovated bathroom, creating a clean, turnkey environment ready for immediate occupancy. Strong pedestrian and vehicle traffic add to the appeal of this established Old Town commercial corridor. HOA is $576/month and includes building insurance, exterior maintenance, and common-area care. An outstanding opportunity for an owner-user or investor seeking an accessible entry point into the Old Town commercial market. Schedule your private showing today.
| MLS # | 620196 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| HOA Dues | $516 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 128 |
| Listing Provided By | Berkshire Hathaway HomeServices Knight & Gardner Realty | Damian Vantriglia |
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 718 |
| Zoning | HNC(1-3) - Hist Nghborhd Comml 1 |
| Acreage | 3490.99 |
| Property View | No Waterview |
| Property | 3582 |
|---|
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 01 Key West |
| Community Name | Old Town Unrecord (1.0) |
| Listing VS Median (in Old Town Unrecord (1.0)) | |
Price: $439,000 low | high Med: $1,800,000 sqft: 718 low | high Med: 1,368 $ / sqft: $611 low | high Med: $1,316 On site: 128 low | high Med: 70 | |
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 01 Key West |
| Community Name | Old Town Unrecord (1.0) |
| Listing VS Median (in Old Town Unrecord (1.0)) | |
Price: $439,000 low | high Med: $1,800,000 sqft: 718 low | high Med: 1,368 $ / sqft: $611 low | high Med: $1,316 On site: 128 low | high Med: 70 | |