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5501 5th Avenue, Stock Island, FL 33040

$1,800,000
Property Type: Commercial Lot Size (sq. ft.): 22,086 Status: Closed
Current Price: $1,800,000 List Date: 4/20/2015 Last Modified: 9/09/2024

Overview

Description

Iconic & landmark Rusty Anchor Seafood Restaurant/Bar & Federally permitted Wholesale and Retail Fish House. Family owned for last 32 years, loyal customer base. Owner will consider financing with reasonable down payment, or may consider a long term lease. Includes the real estate along with recognized name, numbers, F, F & E & specialty seafood permits for turnkey venture. Property runs from 3rd. Ave. to 5th Ave. Ample customer and employee parking front & rear. Building & Equip in good condition, ADA compliant, 3 phase electric. Large dining rooms & private room for large parties. Located footsteps to the 2 new waterfront hotels and marina developments on fast growing Stock Island.

Listing Details MLS# 121475

Location, Tax & Legal

Street #
5501
Street Name
5th
Street Suffix
Avenue
Key/Island
Stock Island
State/Province
FL
Zip Code
33040
Subdivision
Maloney Sub Subdivision (5.0)
County
Monroe
Area
05 - Stock Island to Shark Key
KW Neighborhood
Outside of Key West
City
KEY WEST
Mile Marker
0
Side
Ocean
Alternate Key #
1161152
Bldg Nbr
No
Zoning
MU - Mixed Use District
Legal
1-55 LOT 14 15 & PT LT 43 BLK 54 Y-197 OR22-389 OR23-258 OR56-191 OR68-290 OR71-432 OR488-320 OR548
Taxes
8234
Tax Year
2014

Contract Information

Listing Board
Key West Association
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
No
Species List
Yes

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
22086
Waterfront
No
Business Name
Rusty Anchor Seafood
Year Established
1983-01-01
# Parking Spaces
23
# Stories
Yes
Total # Buildings
2
Building SqFt
4166
Total Units
2
Year Built
1973
Building Ht. Ft.
0

Status Change Info

Sold Date
2016-10-28

Association Info

Mandatory Home Owners Asc
No
Association Fee $
0

Financial Status

Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
Iconic & landmark Rusty Anchor Seafood Restaurant/Bar & Federally permitted Wholesale and Retail Fish House. Family owned for last 32 years, loyal customer base. Owner will consider financing with reasonable down payment, or may consider a long term lease. Includes the real estate along with recognized name, numbers, F, F & E & specialty seafood permits for turnkey venture. Property runs from 3rd. Ave. to 5th Ave. Ample customer and employee parking front & rear. Building & Equip in good condition, ADA compliant, 3 phase electric. Large dining rooms & private room for large parties. Located footsteps to the 2 new waterfront hotels and marina developments on fast growing Stock Island.
Directions
US 1 to Cross St stoplight. East to 5th Ave. Left at stop sign. 2 blocks.

Deed Restrictions

Unknown
Yes

License Info

SRX (Non-Transferab)
Yes

Type

Restaurant
Yes
Retail
Yes
Wholesale Mfg/Wrhse
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Property Info

Gross Annual Expense
0
NOI
0

Cooling

Central Air
Yes

Electric

Three Phase
Yes

Floor

Other
Yes

Windows/Doors

Other Windows/Doors
Yes

Vehicle Storage

Off Street Parking
Yes

Construction

CBS
Yes
Other
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Terms

Seller Finance Psble
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes
Propane
Yes

Title

Negotiable
Yes

Property Rights

Beverage License
Yes

Miscellaneous

High Visibility
Yes
Loading Dock
Yes

Roof

Other Roof
Yes

Property Features

Deed Restrictions: Unknown License Info: SRX (Non-Transferab) Type: Restaurant; Retail; Wholesale Mfg/Wrhse Dockage: None Vehicle Storage: Off Street Parking Cooling: Central Air Utilities: FKAA; Municipal Sewer; Propane Miscellaneous: High Visibility; Loading Dock Construction: CBS; Other Electric: Three Phase Floor: Other Roof: Other Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None Terms: Seller Finance Psble Title: Negotiable Property Rights: Beverage License
Listing Office: RE/MAX KEYS CONNECTION
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.