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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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Three Reasons You Need A Commercial Property Inspection

Whether you are thinking of buying or selling commercial real estate, you need to be armed with the right kinds of information – what you need to go forward, who can answer any questions you have, where you can get immediate answers. The very last thing you need, at any part in the process, is any unwelcome surprises. That’s why it is vitally important that you view an inspection as a discovery phase and a good aspect of buying or selling. Buying commercial property is a huge investment, and when you’re selling commercial property, it’s wise to know what your strong points are, and what your areas for improvement may be – so that you can get the most return on your own investment.

Three Reasons You Need A Commercial Property Inspection

  •  Review of the eclectrical systems of the commerical property
  •  Review of the Plumbing Systems of the commerical property
  •  Review of the Building Structure of the commercial property

When buying a home, a lot of time and effort regarding inspections may go into things like condition of the flooring or walls. Commercial inspections are less concerned with those things, because those aren’t the things that cost major amounts of money to repair or replace. Commercial inspections are looking at industry standards for commercial real estate, not home real estate. There really is a difference in focus.

For instance, a commercial inspection will be taking a hard look at the electrical systems of the property and comparing them to industry standards. Most commercial properties need their electrical systems replaced, or very seriously upgraded, every fifty years. During this discovery phase, you will discover where the property falls and how long it may be before you are looking at replacing that system.

Plumbing systems in commercial properties are also much different than those in homes, and that’s why a good commercial real estate inspector is needed to take a look at current system and compare them to current industry standards, which should last somewhere in the time frame of forty to sixty years. Photographs are usually taken so that both buyers and sellers can be made aware of the issues that exist and can document point progress at a later date if necessary.

When commercial inspectors look at a commercial building, they are looking at a building that should stand, with minimal work and excluding natural disasters, for a good 70 to 100 years before needing foundational work, for example. This becomes important and industry standards may change when you are in a hurricane prone area (regulations with glass, footers, etc.) The average buyer, seller or owner may have no idea of such things.

To protect your investment and make the most of your time, it’s always a good idea to work with a quality commercial real estate company. They are aware of all the industry standards and who the most experienced local inspectors are. This saves you time and potentially thousands of dollars.

 

Hot Key West Business Opportunities

5730 4Th Avenue $12,000,000

5730 4Th Avenue Stock Island, Florida

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

3574 Overseas Highway 1-7 $4,500,000

3574 Overseas Highway 1-7 MARATHON, Florida

5 Beds 5 Baths 8,413 SqFt

919 - 921 Duval Street $3,995,000

919 - 921 Duval Street KEY WEST, Florida

9 Beds 6 Baths 4,173 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

388 Coconut Palm Boulevard S $2,900,000

388 Coconut Palm Boulevard S Tavernier, Florida

4 Beds 3 Baths 2,516 SqFt 0.290 Acres

909 Frances Street $2,400,000

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

511 Greene Street 101 $1,500,000

511 Greene Street 101 KEY WEST, Florida

4 Baths 6,455 SqFt

188 La Paloma Road $1,500,000

188 La Paloma Road KEY LARGO, Florida

3 Beds 2 Baths 1,392 SqFt 0.150 Acres

372 Mahogany Drive $1,500,000

372 Mahogany Drive KEY LARGO, Florida

4 Beds 3 Baths 1,661 SqFt

916 Red Bird Road $1,500,000

916 Red Bird Road KEY LARGO, Florida

5 Beds 3 Baths 2,556 SqFt 0.110 Acres

1075 Duval Street $1,300,000

1075 Duval Street KEY WEST, Florida

1 Beds 1,625 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:

  • 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 Commercial Property Centrally located in a high traffic and high visibility location on Overseas Hwy in Key Largo with northbound and southbound access!  Zoned Suburban Commercial.  Northbound 212ft of highway frontage and Southbound 65ft highway frontage. Building is handicap accessible. Owner will be putting on a new metal roof. Current use is office building with 7 separate rooms for possible communal office space with a total of 3 entrances. Plenty of parking. X Flood Zone - no flood insurance required. Real Estate Only! Do not access property without an appointment and please do not disturb tenants. $1,595,000 Active

98500 Overseas Highway KEY LARGO, Florida

1 Baths 1,850 SqFt

Renovation completed in 2020 on this CBS constructed commercial building on Big Pine Key with high visibility on Overseas Highway, US-1. The space features two partitioned offices behind smoked glass, large windows throughout, operational drive through windows, storage area with employee bathroom and nicely remodeled customer bathroom. Paved parking in front as well as in back of the building. $2,533 Active

30964 Overseas Highway Big Pine, Florida

2 Baths 1,600 SqFt

Now available is a majority interest in the Courthouse Business Center. Offered are 14 of the 37 individual units. These popular one-room offices were built new in 2001. Located in Old Town Key West at the entrance of Truman Annex at the corner of Thomas and Southard Streets. Offices are on both 1st floor and 2nd floors, building provides shared kitchenettes, restrooms, and a shared parking lot. Size of the units range from 123sq.ft. - 203sq.ft., total 2080sq.ft. Units can be purchased individually, Unit 210 at 302 Southard is 150sqft. office on the 2nd floor. $123,750 Active

302 Southard Street 210 KEY WEST, Florida

5 Baths

Signature Downtown Duval Street Storefront with Residential! Rare development & investment opportunity, tap into the existing & growing tourism district of Key West Florida. Premium Old Town location, this mixed-use building has a commercial tenant in place with approx. 1739sq.ft. of space, 2nd level 4-bedroom 2-bathroom apartment with approx.1640sq.ft., 100sq.ft. covered porch, and approved plans for an additional 2-bedroom home to be built at the rear of the property. $4,250,000 Active

610 Duval Street KEY WEST, Florida

4 Beds 3 Baths 3,379 SqFt


View ALL

Posted in: Bed & Breakfasts, Business Solutions, Buyers, Buying Commercial Real Estate, Sellers Tagged: byuying commercial real estate, commercial real estate inspection, selling commercial real estate, why you need a commercial real estate property inspection

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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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Miami Office

RE/MAX Advance Realty
305-444-7111 Office

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

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AREAS WE COVER:

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

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