$15,000,000

900 Kennedy Drive

Key West FL, 33040

Description

Kennedy Plaza is one of the less than five community shopping centers on the island of Key West. The shopping center is centrally located on the main local business thoroughfare, Kennedy Drive, convenient to local shops and a majority of the local Key West athletic fields and complexes. Variety of 15 Commercial Tenants, ample parking, approximately ~22,211sf finished on a 1.41 acre parcel. Large mixed use shopping centers in Key West are rarely offered for sale because of their better than average occupancy rates, limited competition and captive shopping audience. The shopping center is perfect for a long term investor or a 1031 exchange. Please do not disturb Tenants.

Details

MLS#591571
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1972
Days On Site86

Features

SQ Feet22,211
Units15
ZoningCG - General Commercial

Market Activity 33040

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Area Information
StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaNew Town
Listing VS Median (in 33040)
Price:
$15,000,000
low | high
Med:
$699,000
100% of Average
SqFt:
22,211
low | high
Med:
1,459
100% of Average
$ / SqFt:
$675
low | high
Med:
$482
78.689083805718% of Average
On Site:
86
low | high
Med:
64
100% of Average
Listing Updated: 09/29/2020
Team Gardner/Langley LogoMLS Number: 591571
Listing Provided By:
Team Gardner/Langley  of  Berkshire Hathaway Knight Gardner Realty