Freestanding Restaurant with Liquor
4990 Stack Blvd Melbourne, FL 32901
For Sale
$1,750,000
Freestanding restaurant building with full liquor licenses, 200+ seats, and ample parking on 1.17 acres.
Property Size5,057 SF
Lot Size1.17 Acres
Price / SF$346.05
Days on Market196
Property Features for 4990 Stack Blvd
General Information
- Standard status
- Active
- Size
- 5,057 SF
- Lot size
- 1.17 Acres
Listing Agency:
Space Coast Realty Corp.
(321) 795-7697
Listed By:
Brenda C Muh · License #379572
(321) 795-7697
Source:
Exprealty
Added: Jan 9
Changed: Jul 23
Last Checked: Jul 24 at 2:24PM
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 Space Coast Realty Corp.
Investment Insights
Based on property information with market context.
Freestanding restaurant building offered for sale on a 1.17-acre lot. The property totals 5,057 square feet and features full liquor licenses, supporting on-premise service. Seating capacity is listed at 200+ seats, along with ample parking for guests.
The building is located in the city of Melbourne and faces Palm Bay Road traffic. The seller notes a nearby residential area and proximity to local tech employers.
This offering includes the restaurant building, with the business also noted as available for purchase in the remarks. Please call for additional details on the specific terms and inclusions.
The building is located in the city of Melbourne and faces Palm Bay Road traffic. The seller notes a nearby residential area and proximity to local tech employers.
This offering includes the restaurant building, with the business also noted as available for purchase in the remarks. Please call for additional details on the specific terms and inclusions.
Key Highlights
- Freestanding restaurant building on 1.17 acres
- Total building size: 5,057 SF
- Full liquor licenses included
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.1k | $19.20 |
| − Vacancy | −$7.3k | −$1.44 |
| EGI | $89.8k | $17.76 |
| − OpEx | −$22.5k | −$4.44 |
| NOI | $67.4k | $13.32 |
5,057 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$962.3K
$842.0K – $1.12M
NOI $67,359 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M
NOI $93,393 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
El Sombrero Mexican ...
Restaurant
Similar Off Market Nearby
- Young's Buffet — 4700 Babcock St NE #27, Palm Bay, FL 32905
FAQs
What type of property is this?
Conventional restaurant - Freestanding restaurant building with full liquor licenses, 200+ seats, and ample parking on 1.17 acres.
Where is this conventional restaurant located?
The property is located at 4990 Stack Blvd Melbourne, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Freestanding restaurant building on 1.17 acres; Total building size: 5,057 SF; Full liquor licenses included
