4845 Dixie Highway NE, Palm Bay, FL 32905

$4,999,982
6
BA
5,692
SqFt

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List Price
$4,999,982
Status
ACTIVE
Days on Market
162
MLS#
1078162
Subtype
Commercial Sale
Year Built
1956
Bathrooms
6
Living Area
5,692
Lot Size
32,234
Acres
0.74
MLS Area Major
NE Palm Bay

Property Description

Rare opportunity to acquire an established waterfront hospitality venue together with the underlying real estate along the Indian River in Palm Bay, Florida. The offering includes approximately ±0.74 acres of owned waterfront real estate improved with a ±4,135 SF restaurant building and a ±1,557 SF secondary building currently utilized for storage and living quarters. The Shack Riverfront Restaurant & Outback Tiki Bar is an established local destination featuring waterfront dining, a full-service tiki bar, indoor and outdoor dining and entertainment areas, regular live entertainment, and private dock infrastructure. The sale includes the operating business, real estate, FF&E, and related business assets. An additional ±0.90-acre easement area approved for parking provides valuable parking capacity to support the operation. Located along highly visible US-1 in Florida's growing Space Coast market, this offering provides an opportunity for an owner-operator, restaurant or hospitality

Additional Information

Financing
Cash, Conventional, Lease Option, Owner May Carry, Private Financing Available
Heating
Central
Air Conditioning
Central Building
Exterior Construction
Frame, Other
Roof
Metal
Parking
Additional Parking, Other

Listing courtesy of Engel & Volkers Melbourne.

Listing courtesy of Engel & Volkers Melbourne. Contact:

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