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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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Five Common Commercial Property Complaints

If you’re in the business of buying or selling commercial property, and especially if you are the property manager of commercial property, you are no doubt aware that there are some common problems that seem to occur time and time again and may be harming your business. The vacancy rate of commercial property in the US right now is around 20%, so fixing some of these issues as they appear is of utmost importance.

Five Common Commercial Property Complaints

  • Maintenance Issues
  • Bad Communication
  • No Privacy
  • Pests and Vermin
  • Problems With The Neighborhood

Maintenance issues are the number one complaint because they can make or break your business. If the toilets are backed up, that’s an emergency and it needs to be handled, regardless if it’s 3 am on a Sunday. Make sure you have appropriate, responsive vendors to handle these issues.

Communication issues arise under the best of circumstances, so the best policy is to have multiple ways for people to contact you. Email, text, and phone are necessary. Follow up verbal communication with written communication about what was said and what the action plan is. This way, you also have a paper trail, should you need it.

If you rent commercial property, make sure you give businesses the same respect you’d give home tenants – at least twenty four hours notice that you’re coming for an inspection, etc., unless there’s an emergency. Put this in writing, again, so that you have a record that this occurs. It’s bad business for the landlord to come barging into a business during business hours and start an inspection – bad for your renters and bad for you.

Pest and vermin plague everyone, and commercial property is not excluded. It may be even more of an issue if your commercial property houses places where food is prepared. You need to have contracts with termite and roach control companies, handle any other issues that arise such as wasps nests, reports of snake skins being found, etc., and handle it pronto. The possibilities of lawsuits are limitless. Yikes!

Problems with the neighborhood are not within your control, and nobody thinks you are able to fix all the problems of the world, but it is your problem to be responsible and proactive about the area. If you know that it’s a major drug-trafficking area, it makes sense to hire security, have gated entrances, well-lighted parking lots, etc. The same is true regarding weather-related issues – you can’t control the weather, but if there’s areas of the parking lot prone to severe flooding and terrible potholes, that is your responsibility to be proactive about.

Hot Key West Business Opportunities

6440 Maloney Avenue $12,000,000

6440 Maloney Avenue Stock Island, Florida

9,418 SqFt

1622 Overseas Highway $9,900,000

1622 Overseas Highway MARATHON, Florida

3,400 SqFt

59073 Overseas Highway $7,990,000

59073 Overseas Highway MARATHON, Florida

2 Beds 22,069 SqFt

919 - 921 Duval Street $3,995,000

919 - 921 Duval Street KEY WEST, Florida

9 Beds 6 Baths 4,173 SqFt

3574 Overseas Highway 1-7 $3,750,000

3574 Overseas Highway 1-7 MARATHON, Florida

5 Beds 5 Baths 8,413 SqFt

99304 Overseas Highway $3,700,000

99304 Overseas Highway KEY LARGO, Florida

7,651 SqFt

100150 Overseas Highway $2,900,000

100150 Overseas Highway KEY LARGO, Florida

2,436 SqFt

1124 Labat Lane $2,450,000

1124 Labat Lane Cudjoe, Florida

4 Beds 4 Baths 2,693 SqFt 0.160 Acres

217 La Paloma Road $2,445,000

217 La Paloma Road KEY LARGO, Florida

4 Beds 3 Baths 2,784 SqFt 0.210 Acres

909 Frances Street $2,150,000

909 Frances Street KEY WEST, Florida

3 Beds 3 Baths 1,728 SqFt 0.040 Acres

19269 Bad George Road $1,650,000

19269 Bad George Road Sugarloaf, Florida

6,205 SqFt

8349 Overseas Highway $1,499,000

8349 Overseas Highway MARATHON, Florida

2,179 SqFt

188 La Paloma Road $1,400,000

188 La Paloma Road KEY LARGO, Florida

3 Beds 2 Baths 1,392 SqFt 0.150 Acres

372 Mahogany Drive $1,350,000

372 Mahogany Drive KEY LARGO, Florida

4 Beds 3 Baths 1,661 SqFt

916 Red Bird Road $1,250,000

916 Red Bird Road KEY LARGO, Florida

5 Beds 3 Baths 2,556 SqFt 0.110 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
  • Office Buildings
  • Hotels, Motels & Bed & Breakfasts
  • Bars & Restaurants
  • Marinas for Sale in Key West
  • Investment Properties
  • Business Opportunities

Newest Key West Commercial Properties on the Market

Fantastic lease opportunity for your business in one of the best locations in Key West downtown next to Mallory Square & Sunset Celebration, Custom House Museum, Mel Fisher treasure Museum, Key West Aquarium, Tourist Information Centre, and nearby resorts like the Opal Hotel, Ocean Key and Pier House and other hotels. High traffic location with cruise ship passengers and tourists using the old town train & trolley stationed right across the street! Ground level storefront with large display windows and approximately ~1250 sf of retail space with an additional ~900 sf of space that could be combined next door for a total of ~2150sf . In addition to the monthly base rent quoted, tenant pays NNN fees plus sales tax. $8,300 Active

308 Front Street KEY WEST, Florida

1 Baths 9,411 SqFt

Fantastic lease opportunity for your business in one of the best locations in Key West downtown next to Mallory Square & Sunset Celebration, Custom House Museum, Mel Fisher treasure Museum, Key West Aquarium, Tourist Information Centre, and nearby large resorts like the Opal Hotel, Ocean Key and Pier House and other hotels.High traffic location with cruise ship passengers and tourists using the old town train & trolley stationed right across the street!  Ground level storefront with large display windows and approximately ~900 sf of retail space with an additional ~1250sf of space that could be combined next door for a total of ~2150sf . In addition to the monthly base rent quoted, tenant pays NNN fees plus sales tax. $6,000 Active

304 Front Street KEY WEST, Florida

1 Baths 9,411 SqFt

Prime redevelopment opportunity! Located in a rapidly changing area of Stock Island, this Mixed Use zoned property has many viable uses. Current uses include a small commercial storefront and a residential apartment. With some creative vision, this 10,039 square foot lot is a diamond in the rough nestled only a couple of blocks away from the famous Perry Hotel and Marina complex along with Bernstein Park. Please call today for additional information. $1,000,000 Active

5515 5Th Avenue Stock Island, Florida

1 Beds 1 Baths 3,367 SqFt

Location Location! Excellent Opportunity to join the thriving & attractive business environment the 300 block of Duval has to offer. Approximately ~1600sq.ft. of retail space available with parking and a private outdoor courtyard area with an additional 275sq.ft., 335-F Duval Street.  Located in the heart of the Key West Duval St. tourism district with heavy foot traffic passing by. Monthly rent quoted is not negotiable, 4% annual increases apply, triple net charges & sales tax are included in the monthly rent quoted. Please do not disturb business. $13,602 Active

335 Duval Street F KEY WEST, Florida

1 Baths 1,600 SqFt


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Posted in: Business Solutions, Buyers, Buying Commercial Real Estate, Environmental Concerns For Businesses, Landlord Rights, Leasing Commercial Real Estate, Renting Commercial Real Estate Tagged: commercial property lease problems, commercial property leasing, commerical property landlords, Five Common Commercial Property Complaints, renting commerical property

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Key West Office

RE/MAX ALL KEYS REAL ESTATE
305-296-1400 Office

Business Address:
517 Duval St Suite 200, Key West, FL 33040

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Key Largo Office

RE/MAX ALL KEYS REAL ESTATE
305-451-0060 Office

Business Address:
98880 Overseas Hwy, Key Largo, FL 33037

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RE/MAX Advance Realty
305-444-7111 Office

Business Address:
7220 Red Rd., South Miami, FL 33143

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33040, 33043, 33042, 33050, 33036, 33037
Key West, Stock Island, Big Pine Keys, Marathon, Islamorada, Key Largo

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