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Waterfront Restaurant For Sale 1550 Indian River Dr 1,540 SF Vacant Retail Building Sebastian, FL 32958 $1,725,875 CAD ($1,120.70 CAD/SF)
Executive Summary
FEATURES:
- Prime waterfront location along Indian River Lagoon on Indian River Drive in Sebastian.
- 1,540 SF freestanding restaurant building with existing commercial kitchen layout.
- Large covered outdoor dining deck with beautiful river views.
- Potential shallow boat-up access for customers.
- Located in a popular coastal boating, fishing, and tourism destination.
- Seating for Approx. 150.
BUILDING: 1,540 SF Restaurant on .59 Ac. with Approx. 100 Ft. of Frontage on Indian River Drive
YEAR BUILT: 2006
ZONING: (CWR) Commercial Waterfront Residential
UTILITIES: City Water & FPL
R.E. TAXES: $14,156.52 (2025)
SALE PRICE: $1,250,000
- Prime waterfront location along Indian River Lagoon on Indian River Drive in Sebastian.
- 1,540 SF freestanding restaurant building with existing commercial kitchen layout.
- Large covered outdoor dining deck with beautiful river views.
- Potential shallow boat-up access for customers.
- Located in a popular coastal boating, fishing, and tourism destination.
- Seating for Approx. 150.
BUILDING: 1,540 SF Restaurant on .59 Ac. with Approx. 100 Ft. of Frontage on Indian River Drive
YEAR BUILT: 2006
ZONING: (CWR) Commercial Waterfront Residential
UTILITIES: City Water & FPL
R.E. TAXES: $14,156.52 (2025)
SALE PRICE: $1,250,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,540 SF
Building Class
B
Year Built
2006
Price
$1,725,875 CAD
Price Per SF
$1,120.70 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.59 AC
Zoning
CWR - Commercial Waterfront Residential
Parking
12 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
63’ on Indian River Dr
Amenities
- Waterfront
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-39-31-00000-0020-00003.0 | Improvements Assessment | $448,071 CAD |
| Land Assessment | $595,478 CAD | Total Assessment | $1,043,549 CAD |
Property Taxes
Parcel Number
30-39-31-00000-0020-00003.0
Land Assessment
$595,478 CAD
Improvements Assessment
$448,071 CAD
Total Assessment
$1,043,549 CAD
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Waterfront Restaurant For Sale | 1550 Indian River Dr
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