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$ 11,500,000
Est. payment | /mo
7,429 SqFt
$ 11,500,000
Est. payment | /mo
7,429 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 7,429 sqft
Price per Sqft $1,547
MLS Listing ID A11630866
HOA Y/N No
Year Built 1997
Annual Tax Amount $24,343
Lot Size 0.603 Acres
Property Description
WATERFRONT RESTAURANT + MARINA. ONCE IN A LIFETIME OPPORTUNITY TO ACQUIRE PRIME WATERFRONT PROPERTY. Currently operating as a restaurant with a marina business, with potential for increased occupancy.
Rental Upside: Significant potential for increased rental income. Tenant in Place. Seating for 200 guests across 25 tables and 13 booths. Recently built marina located on the Indian River. The restaurant and marina boast prime waterfront setting offering breathtaking views of the Indian River. Adjacent to world famous beaches, less than 3 miles to Sebastian Inlet, no fixed bridge or speed restrictions. Positioned strategically and equipped with modern utilities, the marina caters to the modern requirements of boat owners, ensuring a seamless and comfortable experience.
Rental Upside: Significant potential for increased rental income. Tenant in Place. Seating for 200 guests across 25 tables and 13 booths. Recently built marina located on the Indian River. The restaurant and marina boast prime waterfront setting offering breathtaking views of the Indian River. Adjacent to world famous beaches, less than 3 miles to Sebastian Inlet, no fixed bridge or speed restrictions. Positioned strategically and equipped with modern utilities, the marina caters to the modern requirements of boat owners, ensuring a seamless and comfortable experience.
Location
State FL
County Indian River
Area 6352 Sebastian County
Others
Tax ID 31390600000007000005.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Realty One Group Engage
Learn More About LPT Realty
NinaMichelle Sanders
Realtor® | License ID: 3472672