It can be a difficult decision to sell your commercial property, particularly if it is business that you’ve put a lot of blood, sweat and tears into. The truth is, however, that circumstances change in our lives, and sometimes it is a good idea to sell in order to turn a profit, retire, or move on to the next adventure! Change can always be disconcerting, but it doesn’t have to be scary. Instead, think of what you want in the future, what is happening in the present, and remember: nothing changes if you don’t. Currently, especially in the Florida Keys, commercial property is in high demand! It’s a good time to take stock and think about where you are and what you want.

3 Signs It Is a Good Time To Sell Your Commercial Property

  • You’ve developed a passion for something your current property won’t accmmodate
  • Your business is doing very well and you wish to retire soon
  • Your type of business/industry is on the way out

If you are a successful entrepreneur and you own a commercial building that houses a prosperous pizza place, but lately all you’ve been doing is browsing the Bed and Breakfasts for sale, maybe your intuition is telling you something…it’s time to forge a new path! If you’re a successful entrepreneur in one arena, the odds are extremely high you’ll be successful at another business venture. It’s okay to get bored with one type of industry and want to try your hand at something else! Make sure to develop a reasonable exit strategy (the average commercial property takes 6 – 9 months to sell from start to finish) and you’ll want to hire a professional commercial property real estate agent
Your business is doing great – but your children have no interest in running it, and you wish to retire soon. You need to consult with a CPA and get your retirement funds in order, and then you need to sell while you business is at its peak. Don’t wait until you start to falter and business starts to wane – the best time to sell is always when business is at an all time high, if possible. Sell when your property is in tip top shape.
If you are a business owner of a commercial property that isn’t doing so well, don’t be afraid to sell! Someone else may envision your space doing something completely different and may find your commercial property perfect for whatever entrepreneurship that they envision.  Take the money and invest it or start a completely new business in an area you’d be more comfortable with. One thing is for certain – for every building or business that isn’t for you, it is right up someone else’s alley!  Don’t be afraid to admit it’s just not going well and get out before you get in deeper, so that you can pursue a dream you will feel successful and proud of!
 
 

Hot Key West Business Opportunities

101600 Overseas Highway $20,000,000

101600 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 3,717 SqFt

139 Seaside Avenue $10,500,000

139 Seaside Avenue KEY LARGO, Florida

5 Beds 7 Baths 6,740 SqFt

517 Duval & 518 Bahama Street $7,500,000

517 Duval & 518 Bahama Street KEY WEST, Florida

4 Baths 7,854 SqFt

3428 Roosevelt Boulevard N 1,2,3,4,5,6 $5,995,000

3428 Roosevelt Boulevard N 1,2,3,4,5,6 KEY WEST, Florida

7 Baths 8,046 SqFt

112 Bounty Lane N $5,990,000

112 Bounty Lane N KEY LARGO, Florida

5 Beds 5 Baths 4,822 SqFt 0.180 Acres

3574 Overseas Highway 1-7 $4,800,000

3574 Overseas Highway 1-7 MARATHON, Florida

5 Beds 4 Baths 7,706 SqFt

100099 Overseas Highway $4,749,000

100099 Overseas Highway KEY LARGO, Florida

2 Baths 4,680 SqFt

30770 Overseas Highway $3,995,000

30770 Overseas Highway Big Pine, Florida

12,560 SqFt

919 - 921 Duval Street $3,750,000

919 - 921 Duval Street KEY WEST, Florida

9 Beds 6 Baths 4,173 SqFt

10 Ocean Drive E $3,699,000

10 Ocean Drive E MARATHON, Florida

5 Beds 3 Baths 2,832 SqFt 0.290 Acres

96180 Overseas Highway $3,600,000

96180 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 1,445 SqFt 0.960 Acres

770 107th Street Ocean $3,500,000

770 107th Street Ocean MARATHON, Florida

33,977 SqFt

770 107Th St Ocean $3,500,000

770 107Th St Ocean MARATHON, Florida

101350 Overseas Highway $3,250,000

101350 Overseas Highway KEY LARGO, Florida

2 Baths 6,674 SqFt

155 Atlantic Circle Drive $3,100,000

155 Atlantic Circle Drive KEY LARGO, Florida

3 Beds 2 Baths 2,694 SqFt

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:

Newest Key West Commercial Properties on the Market

Prime Commercial Real Estate in Big Pine Key. The property offers 125 footage on US1 and 200 feet deep. With access from the front of the building to the back. Back of the property is fenced with extra storage facilities. Metal building, metal roof, two half baths, two lofts, front office space. $1,545,000 Active

31133 Ave A Big Pine, Florida

2 Baths 2,460 SqFt

Come and Use this precious space at a prime location! There is so much foot traffic in this area. Your business here at 300 Southard Street Unit 103 is at a Great location. Parking space provided as well. Renting for $950. Ideal spot right by Truman Annex and in between Southard Street and Thomas Street. $950 Active

300 Southard Street 103 KEY WEST, Florida

5 Baths 135 SqFt

Hard to find office space available at Conch Harbor Retail Center. Suitable for office, at the corner of Caroline and Grinnell Streets. Men and Women's bathrooms, outdoor seating in courtyard. Neighbors include Prime 951 Steakhouse, Dante's Pool Bar and Restaurant and West Marine. Sales tax is in addition to rent quoted, minimum one-year lease. $4,328.33 Active

951 Caroline Street 207 KEY WEST, Florida

2 Baths

2,705 SF lot in X Flood Zone on White Street in Key West. Zoned HNC-1, see documents tab for land uses. Buyer to verify if any build back rights. Owner is a licensed FL Realtor. $499,000 Active

1212 White Street KEY WEST, Florida


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