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Mixed-Use Waterfront Property
For Sale
$1,899,000

4234 S US Highway 1, Grant Valkaria, FL 32949

CommercialSale, Grant Valkaria, FL

Property SizeContact for details
Lot Size2.39 Acres
Days on Market13

Property Features for 4234 S US Highway 1

General Information

Property type Commercial Sale
Property subtype Other
Zoning , B-1
Zoning description Commercial
Lot features One To Three Acres
Directions From Vero Beach, take US-1 north to Grant-Valkaria. Property is on the left (west side) at 4234-4240 US-1.
Subdivision Brevard west of IR
Standard status Active
APN 2955541
Lot size 2.39 Acres

Taxes and HOA fees

Tax Description PART OF LOT 1 & PT OF NW 1/4 AS DESC IN ORB 3727 PG 4661
Legal Description PART OF LOT 1 & PT OF NW 1/4 AS DESC IN ORB 3727 PG 4661

Utilities

Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Electric
Water source Well
Water front 1

Amenities

direct Indian River frontage
expansive water views
existing dock
scenic waterfront setting
high-visibility US-1 frontage

Building Details

Year built 2007
Floors in Building 1
Flooring type Concrete, Carpet
Building materials Block, Concrete, Steel
Roof type Rolled Hot Mop, Metal
Listing Agency: Alex MacWilliam, Inc.
Listed By: T.P. Kennedy · License #3377487
Added: Oct 1 Changed: Oct 12 Last Checked: Oct 13 at 10:06AM
MLS# 300502

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.39-acre mixed-use property on the Indian River includes a freestanding retail building of approximately 2,240 SF and mini-storage space totaling approximately 8,280 SF across 27 units. The existing improvements are masonry construction, and on-site parking is available. A dock is already in place, with approximately 310 FT of dock frontage.

The property also has frontage on US-1 and is zoned B-1. Conceptual plans for phased development have been completed. Allowable uses and density are subject to buyer verification.

Key Highlights

  • 2.39 acres with Indian River frontage
  • Approximately 310 FT of dock frontage and an existing dock
  • Approximately 2,240 SF freestanding retail building

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Big Box & Wholesale Store

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 32949, FL

2,538
Population
1,216
Households
2.1
Avg Household Size
56
Median Age
32%
College-Educated
92%
High-School Grad
16.8 sq mi
ZIP Area
151
Density / Sq Mi
$126,146
Median Household Income
$53,173
Median Earnings
$497,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Existing retail and 27-unit storage improvements accompany river frontage and a dock.
Where is this mixed-use property located?
The property is located at 4234 S US Highway 1 Grant Valkaria, FL.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 2.39 acres with Indian River frontage; Approximately 310 FT of dock frontage and an existing dock; Approximately 2,240 SF freestanding retail building
More about this property
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