About 3574 Overseas Highway 1-7
Tremendous Opportunity to Purchase this trophy, landmark Restaurant, Bar & Liquor Store. Known in Marathon for nearly a century! Real Estate and renovated Building included. Large inside bar and dining room with AC and also outdoor bar with stage. Plus 5bd/2ba apartment on 2nd floor rented on AirBnB included. Great visibility on Overseas Hwy with over 340' of highway frontage. In addition, large Billboard facing S. bound and historic Overseas Lounge Neon sign facing N. bound traffic. Ample parking for employees and customers.Restaurant was completely renovated the property in 2016 & 2017 along with many recent improvements. Sale includes all Furniture, Fixtures & Restaurant & Liquor store Equipment & coolers, plus valuable 5 COP unrestricted Liquor License & approx. $100,000 in Inventory. Also, 1 TBR Rogo Unit. Licensed for 157 Seats with Indoor & Outdoor Bar & seating. Businesses have not been optimized or stabilized. Room to substantially grow with on-site, active ownership.Boasting the Coldest Beer in Town, Great Food, Pub, Grill, Arcade, Live Music and well stocked liquor store!
Features of 3574 Overseas Highway 1-7
| MLS® # | 606653 |
|---|---|
| Price | $4,800,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 2 |
| Half Baths | 2 |
| Square Footage | 7,706 |
| Year Built | 1953 |
| Type | Commercial |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 3574 Overseas Highway 1-7 |
|---|---|
| Area | 13 - 7 Mile Bridge to Sombrero Bch Rd E & W |
| Subdivision | Marathon Beach (49.0) |
| City | MARATHON |
| County | Monroe |
| State | FL |
| Zip Code | 33050 |
Amenities
| Utilities | Municipal Sewer, Buyer to Verify |
|---|---|
| Parking | Guest Parking, Off Street Parking |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
Interior
| Appliances | Refrigerator, Range, Dishwasher |
|---|---|
| Heating | Central A/C |
| # of Stories | 2 |
Exterior
| Lot Description | 1/2 - Less Than 1 AC |
|---|---|
| Windows | Other Windows/Doors |
| Roof | Other Roof |
| Construction | CBS |
Additional Information
| Date Listed | September 14th, 2023 |
|---|---|
| Days on Market | 233 |
| Zoning | MU - Mixed Use Commercial Mixed Use |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Curtis Skomp, Ccim |
|---|---|
| Office | RE/MAX Keys Connection (KW) |