USAFLMarathonKey Colony Sub (53.0)116-11400 Overseas Hwy

116-11400 Overseas Hwy, Marathon, FL

Name: 116 - 11400 Overseas Hwy, For Sale in Marathon - Zoocasa
Brand: Coldwell Banker Schmitt Real Estate Co.
SKU: 620752
Price: 489000 USD

House

For Sale

Listed price in listed location currency (USD).

$489,000

000

MLS® 620752

Overview

Key Facts

Type Business

Levels Business Opportunity

Size -

Garage

Taxes

Days Active 3

Lot Size 0.98 Acres

Approx. Age 1973

MLS® Number 620752

Property Address: 116-11400 Overseas Hwy, Marathon, FL, 33050

Average square foot calculated using Size range provided by listing agent.

Description

One of Marathon's most iconic restaurants is now available for sale -- a rare chance to own and operate what many consider the best restaurant in the Florida Keys. Frank's Grill has operated at its current location since 2006, when the owner/chef relocated from what was previously regarded as one of Marathon's premier dining destinations. Today, Frank's Grill serves as the anchor tenant of Towne Square Mall, one of Marathon's busiest shopping plazas -- home to a steady flow of daily foot traffic and anchored further by a U.S. Post Office. This sale includes all FF&E (furniture, fixtures & equipment), current inventory, and proprietary recipes/assets. Walk in and start operating day one. Property & Licensing: • Seating: 47 inside / 10 outside (57 total) • 2COP Beer & Wine license currently in place Lease Terms: • New 5-year lease signed May 1, 2026 • Tenant option to renew after year 3 (subject to Assignment approval) With nearly two decades of brand recognition, a loyal local following, and an unbeatable high-traffic location, the goodwill alone in this business justifies the asking price. Opportunities to acquire an institution like Frank's Grill rarely come to market.

MLS® Number620752

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1973

Basement

Driveway

Garage Spaces

HeatCentral

A/CCentral Air

Extras

Map

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