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3 Baths
1,802 sqft

$1,200,000

300 Petronia Street, Key West FL, 33040

Price per sqft$665.93
Built in2009
Property size1,802 sqft
Property typeCommercial

Overview

Active

Listed Oct 19, 2026

Updated 1h ago

A rare opportunity to acquire two established and complimentary hospitality businesses operating side by side in one of Key West's most desirable and recognizable Old Town neighborhoods. La Crêperie French Café and ViV Wine Bistro offer a distinctive day to night business model at 300 Petronia Street, in the heart of Bahama Village and directly across from the iconic Blue Heaven. The businesses operate as separate concepts while naturally complementing one another, creating an exceptional opportunity for an owner operator, hospitality group, or investor seeking an established Key West platform. La Crêperie brings a charming French café experience to Key West, specializing in freshly prepared sweet and savory crêpes, traditional galettes, French pastries, coffee, cheeses and charcuterie. Its inviting European atmosphere and established identity have made it a beloved part of the local dining scene. Next door, ViV Wine Bistro transitions the experience into the evening, offering an intimate French inspired setting centered around thoughtfully selected wines, artisan cheeses, charcuterie, tapas and classic French inspired dishes. Live music and special events further enhance ViV's appeal as an evening destination. Together, the businesses create a compelling operating model: French café by day and wine bistro by night, with two recognizable concepts, complementary dining occasions and the ability to capture both visitor and local clientele. The property is leased through October 2034, providing meaningful lease runway for an incoming operator, subject to lease assignment and landlord approval. • Two established businesses offered together as one acquisition • Established brands and loyal customer base • Distinctive French culinary identity • Complementary daytime and evening operations • Existing restaurant infrastructure and operating systems • Long term lease in place Opportunity to expand catering, private events, special programming and marketing

Additional information

MLS® ID
621681

Interior Features

Bathrooms
3
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$13,517
Tax Frequency
Annually
MLS provider logo

Listed by Key West Sisters with Preferred Properties (KW)
Listing Contact: 305-747-0369 

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 10/20/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/20/2026 at 3:32 AM UTC

 

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