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Multi-Building Retail and Office Property
For Sale
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1208 US-1, Sebastian, FL 32958

Three fully rented buildings offer office, retail, and duplex space with 192 feet of frontage on US-1.

Property Size4,158 SF
Lot Size0.52 Acres
Days on Market122

Property Features for 1208 US-1

General Information

Standard status Active
Size 4,158 SF
Lot size 0.52 Acres
Property subtype Retail
Zoning CWR
Occupancy 100%

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Cap Rate 7%
Multifamily Units 2

Building Details

Year Built 1951
Listing Agency: Lambert Commercial Real Estate Inc
Listed By: Kevin Lambert · License #BK 3327845
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 3:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lambert Commercial Real Estate Inc

Investment Insights

Based on property information with market context.

This property consists of three buildings totaling 4,158 SF on 0.52 acres, located in the Historic Downtown Sebastian Riverfront District. Building 1 is a 1,120 SF office/retail building, Building 2 is a 2,052 SF historic office building, and Building 3 is a 986 SF duplex. The buildings are complemented by recently completed landscaping and include both on-street and off-street parking.

The site is positioned along US Hwy 1 with 192 feet of frontage, providing direct street presence. Zoning is listed as (CWR) Commercial Waterfront Residential R.E. Utilities include County water and sewer plus FPL. The property was built in 1951.

The offering is for sale and is described as fully rented with strong historic occupancy. Additional land is available for redevelopment, and the site notes that additional parking can be added.

Key Highlights

  • Three‑building property totaling 4,158 SF with 192 ft of frontage on US Hwy 1 on 0.52 acres
  • Fully rented with strong historic occupancy; includes office, retail, and duplex space across three buildings
  • Building mix: 1,120 SF office/retail, 2,052 SF office historic building, and 986 SF duplex

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Pharmacy Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Locksmith Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby

Demographics for 32958, FL

28,619
Population
15,512
Households
1.8
Avg Household Size
58
Median Age
29%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
1,026
Density / Sq Mi
$68,276
Median Household Income
$37,412
Median Earnings
$1,388
Median Rent
$279,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three fully rented buildings offer office, retail, and duplex space with 192 feet of frontage on US-1.
Where is this retail space located?
The property is located at 1208 US-1 Sebastian, FL.
What are key features of this property?
This property features: Three‑building property totaling 4,158 SF with 192 ft of frontage on US Hwy 1 on 0.52 acres; Fully rented with strong historic occupancy; includes office, retail, and duplex space across three buildings; Building mix: 1,120 SF office/retail, 2,052 SF office historic building, and 986 SF duplex
(772) 778-2334 Call to check price and availability
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