It’s hard to believe, but 2020 is closer than we think, and people are making serious moves toward their next business adventure. That might be a new line of business entirely, it may be in a new part of the country, or a completely new way of doing things…perhaps a mixture of all three! For those with the spirit of entrepreneurship, the sky is the limit, and the economy seems to be going in their favor for now. What trends can people expect, and how does that bode for you and the line of business you’re in?

What Top Five Business Adventures Will People Begin in 2020?

  • One man/Woman Businesses (Work For Yourself)
  • Cooking Class Restaurants
  • Pet Business
  • Online Tutoring
  • Mobile App Developer

One thing that corporate America taught us is that work in cubicles kind of kills morale and creativity, and people are less likely to work as hard for the benefit of a big corporation as they are for the benefit of themselves. This isn’t selfish – it’s common sense. Look at the rise of Uber and how much more successful Uber is right now than traditional cab companies. People are going to go the extra mile when that extra mile benefits them (excuse the pun.) This translates to any line of work where you can be a one person set up. Expect it to increase.
People love to eat out, but they are also becoming much more conscious about what goes into their food and how their time is spent as a couple, family, or even alone. They like to learn skills. Many studies show that most millennials consider cooking to be a very valuable skill. Wouldn’t it be great if you could go out to eat – and you actually participated in cooking the meal and then could eat it, and go home an replicate it? This fulfills a lot of needs 1) immediate need for dinner that evening 2) socialization 3) learning a valuable skill that you can take with you. Hmmm. Lots of bang for the buck!
With every year, pets and animals become more important to our culture in the United States. We consider them family, we are interested in teaching them, learning from them, caring from them, socializing with them, rescuing them, pampering them. Look for dog spas, dog daycares, cat groomers, goat yoga, pet therapy, and much more to become even more popular.
People want to learn things – all kinds of things. The recent exorbitant amounts of student debt and lack of jobs for those with college degrees has made many people take a step back and ask themselves what is really best for their future and what are they best suited for? Not all jobs require a degree or even a license, and many skills can be learned online from a tutor from anywhere in the world. Want to learn Japanese without leaving your home? Look no further than your computer. Want to teach the art of floral arrangement or guitar? You could set up lessons online. There’s so many skills that could be taught and learned online – the sky is the limit.
In the era of electronics, people are used to things being at their fingertips more than ever before. They pay their bills and order their groceries with the touch of a button on an app. If people have a need, there’s probably a way for an app to be involved, and a true entrepreneur will find it. This has the potential to be extremely lucrative.
If you are selling commercial property right now, consider ways that you can market your property that is more versatile to suit needs that are more complex than just the regular office setting, because this type of business will soon be outranked by other types of business. What can you do to keep up with the changing times?

Hot Key West Business Opportunities

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

Exceptional commercial waterfront opportunity in the heart of Marathon. This prime commercial property consists of five contiguous lots totaling approximately 30,000 square feet, with 300 feet of highway frontage and 300 feet of waterfront. The property includes 18 boat slips with a control depth of approximately 5 feet, offering outstanding maritime access and functionality.Zoned MU-M (Multi-Use Maritime), this versatile zoning allows for a broad range of uses including maritime industry operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. Additional permitted uses include retail, restaurant, affordable housing, and residential development, making this a uniquely flexible investment property.Parcel IDs include: 00362930, 00363940, 00362950, 00362960, and 00362970. The seller will provide a complete list of all personal property included in the sale, including major furniture, fixtures, and equipment. This is a rare opportunity to acquire a substantial, high-exposure commercial property with extensive waterfront and mixed-use potential in one of the most desirable areas of the Florida Keys. $6,500,000 Active

38 Coco Plum Drive MARATHON, Florida

1 Baths 5,439 SqFt

Waterfront 103 Unit RV/ Mobile Home Park in Key Largo! A rare find anywhere in the Florida Keys or even all of South Florida. Same family ownership since 1996. The Bayside Site encompasses 6.15 Acres Uplands and includes 29 wet boat slips. County recognizes 53 Residential Dwelling Units (48 MH & 5 Attached), plus 50 Transient Residential Dwelling Units from 50 RV lots. 98 Units are currently online. The owners only own one MH, the others are all tenant owned.URM Zoning allows possible commercial redevelopment including Vacation Rentals & Marinas or remain affordable & sell and transfer entitlements. Baybottom lease with State of FL. Site plans are in place for options to redevelop the uplands. One plan design lays out 33 RV pads and 29 Mobile Homes, 62 units total. The Balance of recognized but unused entitlements may be sold off. Another redevelopment calls for 35 Single Family Homes and 63 Hotel Bungalow Suites. Both plans include Clubhouse, Restaurant, lazy river plus two additional pools, coffee shop and souvenir shop as matter of right without going through the County major development process. $21,000,000 Active

101600 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 3,717 SqFt

Boutique commercial, ground floor office condo for sale in Old Town at Seafoam Condominiums. Only one of two Commercial units in the building. This 665 sf. office is turnkey and perfect for Professionals looking for a small office to own vs. paying rent every month. Great location and close to everything in town either by walking or biking. Exterior has several large pane windows for natural light inside. To enter off the sidewalk there are a set of gorgeous, hand made mahogany french doors. Also, there is an interior side door for private access. Interior has 12' ceilings and the layout includes front seating area with a receptionist window, administrators office and private office in rear. Half bath is ADA compliant. This unit has been totally renovated and ready to move in. Renovations include new Brazilian cherry wood floors & keystone flooring in the bathroom. upgraded electric and lighting, freshly painted, Central AC and wireless Security system. Seafoam building has coded entrance, atrium hallways and large in-ground concrete pool exclusively for Condo owners and guests. HOA fee of $1,286/mos. includes insurances and reserves. Includes Liability, Wind and Flood insurance. Building has never flooded and in X flood zone. Building is up to date with SIRS and milestone inspections. Additional $587/mos. special assessment for windstorm insurance. Same owner since 2008. $560,000 Active

812 Fleming Street 2 KEY WEST, Florida

1 Beds 1 Baths 665 SqFt

Prime Mixed Use Income Producing property for sale. Total of 6 units. There are 2 Commercial units on ground floor facing Truman Ave. Both Commercial spaces now occupied by the Seam Shoppe, a long term, stable tenant. On the 2nd floor there are 4 good size apartments. Each 1bedroom and a loft bedroom and 1 bath. Each has use of large, outdoor deck in back. Potential Gross rental income approx. $15,000/mos.Total of 6 Water and Electric Meters. Rear parking lot for 4 + or - cars. Building in good condition and well maintained.Excellent Replacement Property for a Buyer looking to perform a 1031 Exchange.Owner may consider Seller financing to a Qualified Buyer at Seller discretion. $2,150,000 Active

1109 Truman Avenue KEY WEST, Florida

4 Beds 6 Baths 4,410 SqFt


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