Description
Stand-alone CBS office building now being offered for sale is located in a high-visibility, high-traffic area on Flagler Avenue near Key West High School. The building has 5 offices, a common lobby, common bathroom and off-street parking for 6 vehicles. One of the larger offices has a private full bathroom. This solid investment provides stable rental income, easy entry into the vibrant Key West real estate market and/or an exclusive building for a business. In 2006, sound-resistant windows and doors were installed as part of the Monroe County airport program. Roll-down and panel hurricane shutters convey. Legal signage is in place on Flagler Ave with more space for legal signage on Third St. (not currently used).A bus stop is located directly in front of the building on Flagler Ave. Actual insurance rates must be obtained by the prospective buyer from a licensed insurance agent as owner self insurers. A 5% vacancy rate is assumed in expenses. Rent is calculated at 100% PRI.
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0BEDS
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0.11ACRES
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1BATHS
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11/2 BATHS
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1,186SQFT
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$725$/SQFT
School Ratings & Info
Description
Stand-alone CBS office building now being offered for sale is located in a high-visibility, high-traffic area on Flagler Avenue near Key West High School. The building has 5 offices, a common lobby, common bathroom and off-street parking for 6 vehicles. One of the larger offices has a private full bathroom. This solid investment provides stable rental income, easy entry into the vibrant Key West real estate market and/or an exclusive building for a business. In 2006, sound-resistant windows and doors were installed as part of the Monroe County airport program. Roll-down and panel hurricane shutters convey. Legal signage is in place on Flagler Ave with more space for legal signage on Third St. (not currently used).A bus stop is located directly in front of the building on Flagler Ave. Actual insurance rates must be obtained by the prospective buyer from a licensed insurance agent as owner self insurers. A 5% vacancy rate is assumed in expenses. Rent is calculated at 100% PRI.
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 Key West Vacation Properties & Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.