$4,800,000
Off Market

3574 Overseas Highway #1-7

Marathon, FL 33050
5 beds | 4.00 baths | #606653
Type:Purchase
Structure:Land
Zone:Residential

Description

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!

  • Interior Details
      • Bathrooms4.00
      • Bedrooms5
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1953
  • Community and Neighborhood Details
      • SubdivisionMarathon Beach (49.0)
  • Other
      • MLS #606653

Location

Paul TejeraReal Estate Group