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Commercial Real Estate in Key West & the Florida Keys by RE/MAXCommercial Real Estate in Key West & the Florida Keys by RE/MAX

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3 Environmental Risks To Commercial Real Estate Properties

When buying commercial real estate property, it’s definitely worth doing a little digging to find out what environmental threats may be an issue with the property. Some may be able to be mitigated, but some may be so overwhelming that they are a health danger and may make you take a hard pass. When you’re buying a new property, the last thing you need is an enormous environmental problem to conquer. It can be tricky because many sellers may not be aware of the environmental problems their properties have, and they can’t disclose what they don’t know, so it’s worthwhile to hire an experienced inspector to look at the property before you sign on the dotted line.

3 Environmental Risks To Commercial Real Estate Properties

  • Legionella
  • Mold
  • Vapor Intrusion

Locations with water amenities, such as swimming pools, saunas, hot tubs, spas, and decorative water fountains are at risk for this potentially lethal pollutant. Legionella settlements are often kept confidential, but the CDC has estimated that 10% of people who contract Legionella die from it. That’s extremely serious. Companies can have formal plans and contract with risk-reduction companies to make sure that their water-themed businesses are better protected and frequently tested for Legionella.

Mold is something most people have encountered on some level, but some types are linked to serious issues like asthma and even cancer. It’s far easier to have mold-reduction plans in place, because once it is present, it’s expensive to remediate mold – including drywall replacement, floor replacement, insulation replacement, and more. There are devices that monitor humidity in a building and mitigate chances that mold will become a problem, and regular inspections will make sure that if it does begin, it is handled quickly and efficiently.

Vapor intrusion can be deadly because some of it is not detectable unless a special detector is used – this includes radon, petroleum, and other organic compounds which may occur from spills and seep into the ground, and slowly drift into structures, which place occupants at risk due to long-term, low-dose exposure.

Hot Key West Business Opportunities

1 Henry Morgan Road W 1 $38,000,000

1 Henry Morgan Road W 1 OTHER, Florida

99 Beds 119 Baths

1 Infinity Bay Road W 145 $28,000,000

1 Infinity Bay Road W 145 OTHER, Florida

99 Beds 170 Baths

1 Media Luna Resort Road W 126 $26,000,000

1 Media Luna Resort Road W 126 OTHER, Florida

99 Beds 109 Baths

1 SEA GRAPE PLANTATION RESORT Road W $7,999,999

1 SEA GRAPE PLANTATION RESORT Road W OTHER, Florida

30 Beds 33 Baths

27340 Overseas Highway $6,900,000

27340 Overseas Highway Ramrod, Florida

3,969 SqFt

1 Lands End  West End Roatan W $6,750,000

1 Lands End West End Roatan W OTHER, Florida

25 Beds 27 Baths

328 Whitehead Street $4,995,000

328 Whitehead Street KEY WEST, Florida

5 Beds 5 Baths 2,759 SqFt 0.330 Acres

7537 Overseas Highway $3,495,000

7537 Overseas Highway MARATHON, Florida

6,750 SqFt

91865 Overseas Highway $2,300,000

91865 Overseas Highway Tavernier, Florida

15 Beds 10 Baths 10,150 SqFt

100150 Overseas Highway $2,100,000

100150 Overseas Highway KEY LARGO, Florida

58835 Overseas Highway $1,499,000

58835 Overseas Highway MARATHON, Florida

3,414 SqFt

1000 Eaton Street $1,200,000

1000 Eaton Street KEY WEST, Florida

1 Baths 989 SqFt

Pirates Road $799,000

Pirates Road Cudjoe, Florida

Pirates Road $799,000

Pirates Road Cudjoe, Florida

96,547 SqFt

103275 Overseas Highway $675,000

103275 Overseas Highway KEY LARGO, Florida

3 Beds 2 Baths 1,845 SqFt 0.240 Acres

Are You Looking for Commercial Property in the Florida Keys?

Use our site to search commercial real estate in Key West and all of the Florida Keys. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated with new properties every HOUR. By creating a Property Manager account you can stay on top of the newest businesses that go up on the market and get Price Change alerts so you can stay ahead of other buyers and beat them to the best deals!

In the meantime, check out these 1-click searches:

  • All Businesses for Sale
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  • Bars & Restaurants
  • Marinas for Sale in Key West
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Newest Key West Commercial Properties on the Market

Terrific investment opportunity! Commercial building with three ample leasable spaces and great visibility on US1. Building is in excellent condition with marquee signage with upgraded electrical and 120 feet of frontage. Units are individually metered and can function well for retail, office or food & beverage businesses. Ample parking in front, along the side and in the rear of the building.  Opportunity for expansion behind the building as well. $729,000 Active

30971 Avenue A Big Pine, Florida

3 Baths 2,271 SqFt

Listed $50,000 under appraised value. Rare opportunity to purchase the Historic 7 Mile Marina less than a mile from 7 Mile Bridge with over 360ft of US-1 frontage! Commercial property consists of protected marina, 3,600 sqft building. Marathon approved transferable building rights allowing 9,332 of commercial floor area, two tax keys totaling +/- 54,768 sqft or 1.25 acres. Property being sold ''AS IS'' no warranties or representations and no leases. Includes a deed restriction for neighboring property not to store straps within 75 ft of NE property line. Prior to 2014 fire, property had a 150 seat restaurant and office. $3,150,000 Active

1090 Overseas Highway MARATHON, Florida

2 Baths

Here is your chance to own a turnkey restaurant property in paradise! Recently updated and renovated, this restaurant property is a staple to the local community.PRIME US1 FRONTAGE, Average daily traffic is over 16,000! Total of 168 seats, qualifies for SRX license, and offers tons of parking on the 20,000sqft lot. This property is ready to go, don't miss this opportunity! $995,000 Active

31044 Avenue B Big Pine, Florida

3,252 SqFt

$15,000 startup grant available to an energetic formally trained chef with innovative ideas & ready for their big break to start their own restaurant.  Key West restaurant/bar location lease for only $5000 mo!  There's an amazing concentration of residential addresses nearby, with several larger ocean front condominium complexes & hotels just a few blocks away, for a lucrative takeout business or to fill your seats. You can't beat the price when comparing to other Key West properties that offer a restaurant/bar opportunity. With a 2600+ sq. ft. building, the location offers high visibility in the cross town area of Key West zoned for a 79 seat restaurant/bar with beer & wine sales. Huge kitchen & prep area, walk in cooler & freezer, large storage room/office/casual area & 3 restrooms. Property must operate as a restaurant with a beer and wine license. Triple net lease with F/L/S. Tenant to verify all information. 
 
To participate in the grant, proof formal culinary arts training and Key West residency (minimum of 2 years) absolutely required.  Grant is for rent payment for the first 3 months rent. 
 
A member of the LLC is a licensed Florida real estate agent. 
$5,000 Active

1500 Bertha Street KEY WEST, Florida

3 Baths 2,646 SqFt


View ALL

Posted in: Business Solutions, Buyers, Buying Commercial Real Estate, Environmental Concerns For Businesses, Leasing Commercial Real Estate, Renting Commercial Real Estate, Sellers Tagged: 3 Environmental Risks To Commercial Real Estate Properties, buying commercial property, envornmental problems with commerical properties, inspecting commercial properties

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Key West, FL 33040

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98880 Overseas Hwy.
Key Largo, FL 33037

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