Marathon FL Commercial for Sale
The median home value in Marathon, FL is $755,000.
This is
higher than
the county median home value of $592,400.
The national median home value is $219,700.
The average price of homes sold in Marathon, FL is $755,000.
Approximately 33.98% of Marathon homes are owned,
compared to 25.81% rented, while
40.21% are vacant.
Marathon real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Marathon real estate agent to arrange a tour today!
$2,200,000
295 51St Street Gulf Marathon, FL 33050
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- 609509
ADDITIONAL INFORMATION
Exceptional 6-unit multi-family commercial property conveniently accessible from both 51st Street and 50th Street. This property offers unparalleled convenience and charm in the heart of Marathon. Comprised of three buildings surrounding a serene courtyard oasis complete with a sparkling pool, tiki bar, and grill. Boasting a total of five efficiencies and a separate two-bedroom, two-bathroom unit, making it an investor's dream. Each unit has undergone extensive remodeling, featuring tile floors, impact windows, AC systems, state-of-the-art appliances, cabinets, and quartz countertops. Ample off-street parking for over eight vehicles. Zoned MU Commercial with six TBRs (Building Rights), this property offers versatile opportunities for investors, whether for short-term rentals, long-term leasing, or commercial endeavors.CA/NDA and proof of funds or bank pre-approval is required.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 609418
ADDITIONAL INFORMATION
RARE bottom floor unit coming available! Recently painted, with tile floors. This is a once in a lifetime chance to have your business in this this incredibly hard to find unit in the heart of the Keys!Bathrooms on site, with elevator and very high visibility in this recently painted center. Current business is changing location within the same building and is flexible with move in dates. $1200 monthly, two year minimum lease, first/last/security due at signing of lease.Please call list agent, do not walk property or disturb business.
$1,195,000
58152 Overseas Highway Marathon, FL 33050
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2003
- Baths:
- MLS#:
- 609325
ADDITIONAL INFORMATION
Formerly the Grassy Key Outpost. This property was a hidden gem pre-Irma. At this time this not an on-going business.The building was extensively upgraded in 2013 with new electric plumbing, impact windows. Irma did damage the equipment as water infiltrated the building via the grease trap. The building was cleaned up immediately after Irma. The AC units were replaced shorthly after Irma.The beer cave and walkin cooler in the backroom is still in place, as is the pizza oven and other items related to the former restaurant - bar. There are flood doors for all openings and meet all FEMA requirements. The bar is still in great condition (handcrafted by Made in the Shade)This building is ready to get back on Tripadvisor, as one of the best stops in the Keys.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1987
- Baths:
- MLS#:
- 609236
ADDITIONAL INFORMATION
Commercial Space Directly in the Middle of Gulfside Village. Triple Net Long Term Lease with existing Verizon Wireless tenants. Excellent Visibility! Excellent Rental History! Gulfside Village offers ample parking spaces, clean shopping center and friendly retail owners. Unit 21 has 1,860 sq feet of space, half bathroom and large storage/office area in the back of the store. Please DO NOT DISTURB the existing tenants/company.
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- 609115
- Subdivision:
- Key Colony Sub (53.0)
ADDITIONAL INFORMATION
First time offered on the market, introducing two businesses for sale as one package deal - ''Marathon Bagel Company'' and ''Marathon Bagel Company at Islamorada''. The busiest and most well known bagel companies in Marathon and Islamorada with potential for expansion into other Keys, or even franchise opportunity across the state or nation. Marathon Bagel Company (Marathon) has been locally owned and adored since 2016; winners of multiple ''Best of Marathon'' People's Choice awards - ''Best New Business'' (2017, 2018), ''Best Breakfast'' (2021, 2022, 2023), and ''Best Family Owned Business'' (2022). Marathon Bagel Company at Islamorada opened in 2022 with lease in place through 2025 with two (3) year renewal options. Ideal new owner should be present locally to run/manage the companies. Marathon location has all of the ''bagel producing'' equipment and delivers fresh bagels to Islamorada daily. Bagel equipment can make 3,000 bagels per day! Opportunity to purchase the ''Marathon Bagel Company'' van for catering, delivery, or expansion opportunities too. All LLC's, machinery, inventory, supplies, recipes, equipment, going concern, and goodwill convey. NO real estate included. Executed NDA required to receive financials. Showings for qualified buyers available during close of businesses only. If you've been looking for an opportunity to relish in the bagel world in the Florida Keys, this is it!
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 609096
ADDITIONAL INFORMATION
Perfectly located, highly visible office space ready for your business! Adjacent to US-1, with road signage available, and close to the center of town, this unit is in the main business corridor of Marathon. Top floor unit, in a busy commercial plaza with an elevator, 2 stairwells (1 on each end of the plaza), public restrooms and abundant parking. All flooring was just replaced and unit was recently painted. Tenant pays electric (each unit is metered separately), water and trash collection is included in rent. F/L/S required, $1000 monthly plus state tax. Long term lease only (2+ years), a multi-year option is possible. Available April 1st!Do not disturb tenant.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- 609079
ADDITIONAL INFORMATION
A rare and unique income producing Hotel in Marathon. Tropical Cottages is a boutique & very profitable Mom and Pop Motel. Total of 11 valuable Transient Licenses, 13 Rooms plus office with kitchen & check in room. There are 9 buildings on the property, 8 adorable free standing cottages and the main building with 3 rooms. Each room has been tastefully and tropically renovated inside and out. Each room is unique and comes fully furnished. Most of the units have small kitchenettes including sink with microwave and refrigerator. All units have refrigerator & microwave. Each of the cottages have shiny new Victorian shingle roofs. Additionally, there is a large Tiki Hut & Bar along with Food Truck with seating area. The Food Truck is leased for $5,000 per mos. and the Tiki Bar operations are owner operated. Both add to income and a great amenity for the guests. On site is a full laundry room with Commercial grade washers/dryers and storage rooms throughout. All housekeeping is done on site. Small but friendly efficient staff has been there long term and willing to stay on with new owners. There are a total of 6 lots encompassing over 1/2 acre of land, total .56 Ac or 24,384 sf. There is ample off street parking for guests. Zoning is GC and land use is recognized as Hotel/Motel. Bonus of Deeded waterfront access at the end of 61st St. which has a boat ramp and staging area for all types of watercrafts and sports. Same family ownership since 2010. Tropical Cottages was started back in the mid 1950's as a Fish camp and is one of the few remaining Mom & Pop Motels throughout the Florida Keys. Priced at just over 7% cap rate. Motel generates substantial Net income year after year to current owners. Sellers may consider Seller Financing to a qualified buyer and must have 40%-50% or more down payment. Terms to be negotiated.
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- A11541281
ADDITIONAL INFORMATION
Adult day car great location
$1,800,000
11600 Overseas Highway Marathon, FL 33050
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1974
- Baths:
- MLS#:
- 608762
ADDITIONAL INFORMATION
Here's a fantastic opportunity to own the largest standalone commercial warehouse building (7,130 Sqft) in the Heart of the Florida Keys, also known as 'Marathon' Key. Built in 1974 and totally remodeled in 2018/2019 which included a new commercial grade metal roof, wiring, lighting, HVAC systems, bathrooms and landscaping. This property is conveniently located just over the 'Vaca Cut' bridge at the northern part of Marathon, directly off HWY US 1, with great visibility and highway frontage acess. What makes this property even better and more appealing to investors is the well-established long term nationally recognized tenant (Advance Disct Auto) who has occupied the building since 1991 (33 years).This is an excellent investment opportunity with an Absolute NNN + Lease, with no expenses to the owner whatsoever, the nationally recognized tenant maintains all; building and property maintenance, including the roof , exterior and interior walls, property taxes, all insurances; including liability, flood, wind and fire plus all Florida sales and use taxes. All these expenses are approx. 35K to 45K annually. So, don't miss this opportunity to have the largest free standing building with a well established corporate tenant and an easily managed property having an AbsoluteNNN + lease in place.Property recently appraised at $ 1.8 in Jan. of 2024!6.0% cap rate @ $ 1.8 to Feb, 2027 (3 years)6.5% cap rate @ $ 1.8 to Feb. 2032 (5 years)There is in place (3) additional 5-year tenant renewal options to the lease starting in March of 2032 ending in Feb. of 2047.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1949
- Baths:
- MLS#:
- 608383
ADDITIONAL INFORMATION
US Highway #1 Commercial at 12th St Gulf in Marathon, Florida. Site currently is leased to trailer sales/repair business plus billboard lease. See information package for commercial & billboard lease terms.
$1,550,000
10455 Overseas Highway Marathon, FL 33050
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1982
- Baths:
- MLS#:
- 608355
ADDITIONAL INFORMATION
Welcome to your ideal commercial space for auto repair in Marathon, Florida! This strategically located building is designed to meet all your automotive business needs. Take advantage of its prime position just off the Overseas Highway, ensuring maximum exposure for your enterprise. The building is fully equipped for auto repair, featuring two spacious car bays and multiple car lifts. Whether you're conducting routine maintenance or more complex repairs, this space is tailored to streamline your operations. Efficiently manage your business with the included office space. A dedicated area for paperwork, client consultations, and administrative tasks ensures a well-organized workspace. Additionally, ample storage space is available for your tools and equipment. Enhance your capabilities with an additional concrete ramp lift on the side of the building. This feature adds versatility to your services, allowing you to handle a variety of automotive projects. Strategic Location Situated right off the Overseas Highway, your business will benefit from high visibility and easy accessibility. This prime location is sure to attract passing traffic and potential customers, boosting your brand presence. Enjoy the convenience of rear access via 105th Street, providing an alternate entry point for deliveries, staff, or clients. This accessibility adds flexibility to your business operations. The building includes 1 bd/ 1 ba apartment on the upper floor. This presents a unique opportunity for added income or provides a comfortable living space for on-site management.This commercial property is not just a workspace; it's a strategic investment in the success of your auto repair business. Take advantage of the comprehensive facilities, prime location, and additional income potential. Don't miss out on this opportunity to elevate your automotive business. Contact us today to schedule a viewing!
$3,200,000
520 12Th St Gulf Marathon, FL 33050
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1934
- Baths:
- MLS#:
- 608304
ADDITIONAL INFORMATION
Waterfront multifamily. More than one acre on the water. Demo existing multifamily and rebuild to suit. Adjacent commercial lot included in sale (parcel id 00101610-000300). Many possible uses. See attachment. Call today.
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1978
- Baths:
- MLS#:
- 608220
- Subdivision:
- Crane Hammock (49.5)
ADDITIONAL INFORMATION
BUSINESS OPPORTUNITY ONLY, NO REAL ESTATE. See MLS #608219 for sale of business with the real estate. Dot Palm is the most recognized landscaping and tree service company in the Florida Keys. Central location in Marathon, halfway between Ley Largo and Key West.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1939
- Baths:
- MLS#:
- 608149
ADDITIONAL INFORMATION
Commercial property along US 1 with highway frontage. This property features an 8,091 sq ft. lot and 1,784 sq ft. finished building, that currently produces $2,500 monthly in rental income. Double-sided billboard not included. Zoned for mixed-use commercial, it offers versatile business potential, as well as outside storage. Currently a residence, presenting an opportunity for conversion to commercial use.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 607867
ADDITIONAL INFORMATION
Remarkable opportunity to build a direct highway frontage commercial building in the heart of the Keys! This could be an owner occupied business or investment property. Previous plans called for five units of 1000sqft (retail & professional services) in one building. Owner is also open to a ground lease depending on terms. Residential TBR that was connected to this lot has been split off and sold. This listing is for the lot only.Do not walk property, it is fenced/locked.
$1,900,000
6950 Overseas Highway Marathon, FL 33050
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1984
- Baths:
- MLS#:
- 607711
ADDITIONAL INFORMATION
High visibility local seafood restaurant and market available for sale. Includes Real Estate, all furnishings, fixtures, and equipment (FF&E.) Property provides ample parking for 160 seat restaurant with a 6COP SRX Liquor License. Well established location known by locals and visitors alike. Multi-faceted operation with 2,066 sq ft containing high quality dining, fresh seafood market, catering, seafood shipping operation, and tiki bar. Business added 700 sq ft of open deck for extra seating and liquor license in 2022. Owner is extremely active and generous in not only the Marathon community but Keyswide. Stepped up during Covid to provide food for those in need, as well as finding hard to obtain items for locals to purchase. Value proposition is Growth, growth, growth for this business as profits have been invested back into the business. Real Estate consists of 3 acres +/- acres, 11,761 sq ft of which is a corner lot including improvement and 60 +/- linear feet on US 1, with Signage and centrally located in Marathon's main commerce bubble. The remaining 2.73 acres is deemed environmentally sensitive.
$1,895,000
10694 Overseas Highway Marathon, FL 33050
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1988
- Baths:
- MLS#:
- 607662
ADDITIONAL INFORMATION
Corner of US & 107th St Gulf. Zoned Industrial. Three separate spaces all leased. Concrete structures with concrete roofs, copper shingle mansard, adequate parking for restaurant and other commercial office. Retail & industrial uses. 200 amp electric service. Surveys, leases and insurance information available from LA
$2,750,000
7537 Overseas Highway Marathon, FL 33050
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1991
- Baths:
- MLS#:
- 607585
ADDITIONAL INFORMATION
One of the few large parcels left in the Middle Keys. 1.64 acres directly on US 1 with one building containing 2,396 net leasable area and 300' + of Highway Frontage. Multiple development possibilities. Property has approx. 4k commercial square feet vested and an existing site plan approval for ten market rate units. Buyer would need to obtain building rights. Affordable Housing density would allow 24 affordable housing units per City Code. Property is being sold with no market rate building rights, however should a purchaser wish, there are 4 market rate building rights currently upon the property and Seller would consider selling some of those existing rights under a separate agreement and price. Property includes 3 curb cuts on US 1 and side street access from 75th Street. Large billboard with excellent visibility for signage. US 1 has median cut for 75th street making this property easily accessible from both Northbound and Southbound traffic. This large parcel provides multiple development opportunities.
$7,975,000
12685 Overseas Highway Marathon, FL 33050
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1957
- Baths:
- MLS#:
- 607580
ADDITIONAL INFORMATION
Excellent development opportunities on this large Mixed Use commercial waterfront parcel with 200 feet of direct US Highway 1 frontage. 2.1 +/- upland acres and 1.47 acres of owned bay bottom in Bonefish Harbor with at least 5' controlling depth and access to the Atlantic Ocean. Previously existing 550+ dockage, which can be replaced, accessed directly to navigable boating channel. The property's current use is a hotel/marina but the hotel business and accompanying Transient Rights (hotel unit rights) do not convey. Commercial square footage shall remain vested upon the property and Marina license may transfer. Seller has Development Plan for 33,400 Steel Building as a Boathouse with potential for 200 dry boat racks. Total number of dry racks could increase as City of Marathon building height ordinance has changed (increased) since plans were drawn. Dock plans allow for multiple configurations, including 30 wet slips with boat launch zone. Significant Seller Financing may be available to qualified purchasers with attractive terms and loan structures. Mixed Use is a commercial land use designation which allows for multiple development possibilities. Large commercial parcels with both US 1 and water frontage are not common and provide a considerable number of opportunities. DO NOT ENTER PROPERTY without permission and appointment
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- MLS#:
- 607142
ADDITIONAL INFORMATION
Prime Commercial property in Marathon. Zoning is Mixed Use Commercial and many commercial uses possible. Located in a fast growing part of Marathon with many upscale hotels, restaurants and amenities in the area and centrally located. Large lot with 150' of frontage on Overseas Hwy by 100' deep. Two ground level buildings on the property, one CBS building is 1,704 sf. and another Building of 702 for total of 2,406 sf. recognized by the City of Marathon.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 607086
ADDITIONAL INFORMATION
Perfectly located, highly visible office space ready for your business! Adjacent to US-1, with road signage available, and close to the center of town, this unit is in the main business corridor of Marathon. Bottom floor unit, in a busy commercial plaza with an elevator, 2 stairwells (1 on each end of the plaza), public restrooms and abundant parking. Tenant pays electric (each unit is metered separately), water and trash collection is included in rent. F/L/S required, $1200 monthly plus state tax of 7%. Long term lease only (2+ years), a multi-year option is possible. Do not disturb tenant.
$3,900,000
13759 Overseas Highway Marathon, FL 33050
ADDITIONAL INFORMATION
Vacant commercial property rented to person that uses it for storage rental. his lease expires in August 2024.Lot 1 is Bay Bottom and could be used for wet storage: dockage. There is a 150 ft dock on the property; Lot 3There is a. 3211 sq ft work shop on the property. Sewage connection is on the property and is paid for.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1987
- Baths:
- MLS#:
- 606923
ADDITIONAL INFORMATION
Professional cooperative office space for lease in an upscale, modern office building. Various office sizes available. 5.5X11.5 space is $900 per month. There are two of these spaces available as well as one smaller and one larger office. Other tenants are real estate brokers and vacation rental managers. Use of common spaces, kitchenette, and two conferences spaces. All utilities are included. Good parking
$1,999,999
11401 Overseas Highway Marathon, FL 33050
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1983
- Baths:
- MLS#:
- 606844
ADDITIONAL INFORMATION
Prime corner location and fantastic commercial opportunity! This oversized CBS building has 3,429 sq feet of air conditioned space plus a double drive through and an open patio upstairs. Commercial zoning allows for many office or retail uses. Very visible 15,000 sq ft corner lot with ample parking for customers and employees.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- 606653
ADDITIONAL INFORMATION
Tremendous Opportunity to Purchase this trophy, landmark Restaurant, Bar & Liquor Store. Known in Marathon for nearly a century! Real Estate and renovated Building included. Large inside bar and dining room with AC and also outdoor bar with stage. Plus 5bd/2ba apartment on 2nd floor rented on AirBnB included. Great visibility on Overseas Hwy with over 340' of highway frontage. In addition, large Billboard facing S. bound and historic Overseas Lounge Neon sign facing N. bound traffic. Ample parking for employees and customers.Restaurant was completely renovated the property in 2016 & 2017 along with many recent improvements. Sale includes all Furniture, Fixtures & Restaurant & Liquor store Equipment & coolers, plus valuable 5 COP unrestricted Liquor License & approx. $100,000 in Inventory. Also, 1 TBR Rogo Unit. Licensed for 157 Seats with Indoor & Outdoor Bar & seating. Businesses have not been optimized or stabilized. Room to substantially grow with on-site, active ownership.Boasting the Coldest Beer in Town, Great Food, Pub, Grill, Arcade, Live Music and well stocked liquor store!
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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Florida Keys Board of Realtors® Florida Keys MLS, Inc. Real Estate listings held by brokerage firms other than the owner of this site are marked with the MLS logo and detailed information about them includes the name of the listing broker's office. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate.
Andrea Conner, License #BK3437731, Xome Inc., License #1043756, AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © 2024 MIAMI Association of REALTORS®, all rights reserved.