Iconic Restaurant Opportunity in
5390 Highway 1, Grant Valkaria, FL 32949
COMMERCIAL - Grant-Valkaria, FL
Property size:
4,202 SFLot size:
0.57 AcresPrice / SF:
$356/SF- Added:
- Sep 20, 2025
- Days on Market:
- 237
- Last Refresh:
- May 14 at 4:06 pm
Property Features for 5390 Highway 1
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3
- Parking features
- Off Street, Assigned, Parking Lot
- Standard status
- Active
- APN
- 29-38-28-25-0000a.0-0017.01
- Size
- 4,202 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6805
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Private
Building Details
- Year built
- 1901
- Floors in Building
- 2
- Flooring type
- Wood, Tile
- Building materials
- Wood Siding
- Roof type
- Metal
Listing agent Gail Fischer License #460275 (321) 863-4399
Listing office Dale Sorensen Real Estate Inc. 436 Fifth Ave., Indialantic, FL (321) 723-9990
Listing date Sep 20, 2025
MLS# 1057983
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey restaurant opportunity: Includes real estate, business, and complete on‑site inventory.
- Prime location: High visibility on US‑1, across from the Indian River, in the heart of Grant‑Valkaria.
- Historic landmark: Listed on the National Registry of Historic Places, formerly The Jorgensen's General Store.
- Existing business: Rib City is currently open and operating during the sales process with a loyal fanbase.
- Flexible potential: Opportunity to continue as a franchise or operate independently.
- Unique features: Includes a spacious main dining room, private dining room, outdoor areas, patio, and upstairs deck with river views.
Overview
This commercial property, currently operating as Rib City, presents a rare restaurant opportunity in Grant-Valkaria. The sale includes the real estate, business, and complete on-site inventory, offering a turnkey opportunity. The property is located across the street from the Indian River in the heart of town. Formerly The Jorgensen's General Store, the building is listed on the National Registry of Historic Places. The 4,202 square foot property sits on a 0.57-acre lot and features a spacious main dining room, a smaller private dining room, outdoor areas, a patio, bathrooms, and an office. The property also includes a stone-pillared porch and an upstairs deck with river views. Located on US-1, the property offers maximum exposure in a town known for its Seafood Festival. This destination offers an existing, loyal fanbase with endless potential for restaurateurs or investors seeking a landmark property, location, and upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Grant Valkaria
- County
- Brevard
- State
- Florida
- Longitude
- -80.526904
- Latitude
- 27.929411
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant with real estate, business, and complete inventory.
Where is this conventional restaurant located?
The property is located at 5390 Highway 1 Grant Valkaria, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity: Includes real estate, business, and complete on‑site inventory.; Prime location: High visibility on US‑1, across from the Indian River, in the heart of Grant‑Valkaria.; Historic landmark: Listed on the National Registry of Historic Places, formerly The Jorgensen's General Store.
