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Italian Restaurant in Avenue Viera
For Sale
$799,000

6630 Colonnade Ave, Melbourne, FL 32940

Turnkey Italian restaurant with liquor license in prime location.

Property SizeContact for details
Lot Size1.52 Acres
Days on Market482

Property Features for 6630 Colonnade Ave

General Information

Standard status Active
Lot size 1.52 Acres

Taxes and HOA fees

Annual Taxes $23,674
Listing Agency: Engel&Voelkers Melb Beachside
Listed By: Clara Rodriguez
Source: Exprealty
Added: May 3, 2025 Changed: Aug 21 Last Checked: Aug 26 at 1:34PM

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 Engel&Voelkers Melb Beachside

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a well-known Italian restaurant business only, located in The Avenue Viera, a premier shopping and dining destination in Brevard County. The turnkey restaurant features a fully equipped kitchen and inviting dining space. It includes a valuable 4COP SFS liquor license, allowing for full-service dining and bar operations. The business has strong brand recognition and historical sales exceeding $2M annually at peak performance. This offers significant upside for an experienced operator to revitalize and capture the advantages of this prime, high-traffic location. Ownership is also open to an asset + location opportunity, allowing a buyer to acquire the liquor license, FF&E, and build-out in this premier Viera setting. This is a rare chance to secure a proven restaurant space in one of the Space Coast's most desirable lifestyle centers. The intended use of the property is for restaurant purposes.

Key Highlights

  • Prime location in The Avenue Viera, a high‑traffic shopping and dining destination.
  • Turnkey restaurant with a fully equipped kitchen and inviting dining space.
  • Includes a valuable 4COP SFS liquor license for full‑service dining and bar operations.

Property Analytics

Current Use

Tuscany Grill Restaurant

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Auto Repair Shop Storage Facility HVAC Service

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

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby
605k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 22% Apparel 21% Home Improvements & Furnishings 18% Shops & Services 14%
HomeGoods Home Improvements & Furnishings
53,398 visits/mo 0.4 miles
Total Wine & More Groceries
40,725 visits/mo 0.3 miles
T.J. Maxx Apparel
35,403 visits/mo 0.4 miles
World Market Home Improvements & Furnishings
33,462 visits/mo 0.1 miles
AMC Avenue 16 Leisure
31,491 visits/mo 0.3 miles

Demographics for 32940, FL

44,869
Population
21,433
Households
2.1
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
57.3 sq mi
ZIP Area
783
Density / Sq Mi
$106,511
Median Household Income
$56,072
Median Earnings
$1,904
Median Rent
$444,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Turnkey Italian restaurant with liquor license in prime location.
Where is this restaurant located?
The property is located at 6630 Colonnade Ave Melbourne, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Prime location in The Avenue Viera, a high‑traffic shopping and dining destination.; Turnkey restaurant with a fully equipped kitchen and inviting dining space.; Includes a valuable 4COP SFS liquor license for full‑service dining and bar operations.
More about this property
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