300 Petronia Street,KEY WEST, FL 33040
KEY WEST, FL 33040
Description
A rare opportunity to acquire two established and complimentary hospitality businesses operating side by side in one of Key West's most desirable and recognizable Old Town neighborhoods. La Crêperie French Café and ViV Wine Bistro offer a distinctive day to night business model at 300 Petronia Street, in the heart of Bahama Village and directly across from the iconic Blue Heaven. The businesses operate as separate concepts while naturally complementing one another, creating an exceptional opportunity for an owner operator, hospitality group, or investor seeking an established Key West platform. La Crêperie brings a charming French café experience to Key West, specializing in freshly prepared sweet and savory crêpes, traditional galettes, French pastries, coffee, cheeses and charcuterie. Its inviting European atmosphere and established identity have made it a beloved part of the local dining scene. Next door, ViV Wine Bistro transitions the experience into the evening, offering an intimate French inspired setting centered around thoughtfully selected wines, artisan cheeses, charcuterie, tapas and classic French inspired dishes. Live music and special events further enhance ViV's appeal as an evening destination. Together, the businesses create a compelling operating model: French café by day and wine bistro by night, with two recognizable concepts, complementary dining occasions and the ability to capture both visitor and local clientele. The property is leased through October 2034, providing meaningful lease runway for an incoming operator, subject to lease assignment and landlord approval. Two established businesses offered together as one acquisition Established brands and loyal customer base Distinctive French culinary identity Complementary daytime and evening operations Existing restaurant infrastructure and operating systems Long term lease in place Opportunity to expand catering, private events, special programming and marketing
Details
| MLS # | 621681 |
|---|---|
| Listing Type | For Sale |
| Style | Business Opportunity |
| Building Name | La Creperie & ViV |
| Sub-Type | Resale |
| Status | Active |
| Year | 2009 |
| Days On Site | 9 |
| Listing Provided By | Preferred Properties (KW) | Key West Sisters |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 1,802 |
| Zoning | HNC(1-3) - Hist Nghborhd Comml 1 |
| Acreage | 0.10 |
| Property View | None |
Taxes
| Property | 13517 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 01 Key West |
| Community Name | Old Town Unrecord (1.0) |
| Listing VS Median (in Old Town Unrecord (1.0)) | |
Price: $1,200,000 low | high Med: $1,850,000 sqft: 1,802 low | high Med: 1,745 $ / sqft: $666 low | high Med: $1,060 On site: 9 low | high Med: 131 | |
Market Activity 33040
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 01 Key West |
| Community Name | Old Town Unrecord (1.0) |
| Listing VS Median (in Old Town Unrecord (1.0)) | |
Price: $1,200,000 low | high Med: $1,850,000 sqft: 1,802 low | high Med: 1,745 $ / sqft: $666 low | high Med: $1,060 On site: 9 low | high Med: 131 | |
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
