4391 Dixie Hwy NE - Restaurant FOR SALE


Palm Bay, FL 32905
$1,100,000 USD
347-241-2121
4391 Dixie Hwy NE, Palm Bay, FL for Sale
$1,100,000 USD
Restaurant - FOR SALE
1/31
null | Request Cap Rate

4391 Dixie Hwy NE
Palm Bay, FL 32905


HIGHLIGHTS

  • Freestanding building with restaurant tenant in place
  • Located directly next to Palm Bay Marina and Indian River Lagoon
  • High-visibility frontage along Dixie Hwy with strong traffic counts
  • Ideal for owner-user, investor, or future mixed-use redevelopment

OVERVIEW

Offered at $1.1 million, 4391 Dixie Hwy NE presents a rare opportunity to acquire a freestanding commercial building in one of Palm Bay’s most desirable waterfront corridors. Currently occupied by a restaurant tenant, the property offers immediate income potential for investors or a turnkey opportunity for owner-users seeking a high-visibility location with built-in foot traffic. Situated directly along Dixie Highway and adjacent to the Palm Bay Marina, the site benefits from strong vehicular exposure and proximity to the Indian River Lagoon, drawing consistent activity from boaters, tourists, and local residents. The surrounding area features a mix of retail, residential, and recreational uses, making it a prime location for businesses that thrive on visibility and accessibility. The existing structure is well-positioned for continued use as a restaurant or conversion to another retail or service-oriented concept. For developers, the site also offers long-term upside with potential for mixed-use redevelopment, supported by favorable zoning and the city’s ongoing investment in waterfront revitalization. With easy access to US-1 and I-95, and just minutes from major residential neighborhoods and commercial centers, 4391 Dixie Hwy NE combines location strength, income stability, and future flexibility in one compelling offering.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

HC

APN/PARCEL ID

28-37-24-29-00000.0-0010.00

ASK ABOUT THIS PROPERTY

Alex AshAzad Properties incMore Info
347-241-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Alex AshAzad Properties incMore Info
347-241-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.