4845 Dixie Hwy NE - Restaurant FOR SALE


Palm Bay, FL 32905
$4,999,982 USD
321-254-5275
4845 Dixie Hwy NE, Palm Bay, FL for Sale
$4,999,982 USD
Restaurant - FOR SALE
1/36
null | Request Cap Rate

4845 Dixie Hwy NE
Palm Bay, FL 32905


HIGHLIGHTS

  • Direct Indian River Waterfront Location
  • Established Restaurant, Tiki Bar & Entertainment Destination
  • Prime US1 Frontage with Exceptional Visibility
  • Private Dock & Waterfront Infrastructure
  • Expansive Indoor & Outdoor Dining & Entertainment Areas
  • Potential Combined Area of Approximately 1.64 Acres

OVERVIEW

Directly on the water with breathtaking river views, this iconic waterfront destination is situated on approximately 0.74 acres and features a 4,135 SF restaurant building, a 1,557 SF secondary building, expansive outdoor dining and entertainment areas, and a private dock overlooking the Indian River. Operating successfully with positive cash flow, the property offers a rare opportunity to acquire an established business with room for continued growth and expansion. Guests are drawn to the relaxed waterfront atmosphere, live entertainment, and unforgettable setting that extends well beyond the dining experience. The opportunity also includes an additional ±0.90 acres of easement area, bringing the potential combined area to approximately 1.64 acres. With its established income stream, waterfront location, entertainment appeal, and long-term growth potential, this offering represents a truly exceptional Space Coast investment opportunity. Ideal for restaurateurs, hospitality groups, entertainment operators, investors, and entrepreneurs seeking a highly visible waterfront destination asset with long-term growth potential. Confidential financial information available to qualified buyers upon execution of a Non-Disclosure Agreement (NDA). Investment Highlights: -Direct Indian River Waterfront Location -Established Restaurant, Tiki Bar & Entertainment Destination -Prime US1 Frontage with Exceptional Visibility -Approximately 0.74 Acres of Waterfront Real Estate -Additional ±0.90 Acres of Easement Area -Potential Combined Area of Approximately 1.64 Acres -Private Dock & Waterfront Infrastructure -Expansive Indoor & Outdoor Dining & Entertainment Areas -Secondary Building with Storage & Living Quarters -Significant Parking & Site Improvements -Redevelopment, Expansion & Long-Term Investment Potential

FOR SALE DETAILS

PRICE

$4,999,982 USD

PRICE/SF

$1,194 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,547 SF

ZONING

HC

APN/PARCEL ID

28-38-30-00-00503.1-0000.00

ASK ABOUT THIS PROPERTY

Clara RodriguezEngel&Voelkers Melbourne BeachsideMore Info
321-254-5275

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Clara RodriguezEngel&Voelkers Melbourne BeachsideMore Info
321-254-5275

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