Bar & Pub
For Sale
$550,000
717 Coolidge Street, Sebastian, FL 32958
The property is near the Indian River, Riverview Park, and a public boat ramp.
Property Size2,508 SF
Price / SF$219.30
Days on Market112
Property Features for 717 Coolidge Street
General Information
Standard status
Active
Size
2,508 SF
Property subtype
Business
Building Details
Building Size
2,508 SF
Year Built
1985
Listing Agency:
Dale Sorensen Real Estate Inc.
Listed By:
Troy P Westover · License #3270315
(772) 453-1206
Source:
Susiewilsonrealestate
Added: Jul 13
Changed: Oct 31
Last Checked: Oct 31 at 1:30PM
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 Dale Sorensen Real Estate Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This bar and pub property contains 2,508 square feet and was built in 1985. It is situated near the Indian River, Riverview Park, and a public boat ramp.
Key Highlights
- 2,508‑square‑foot bar and pub property
- Built in 1985
- Near the Indian River, Riverview Park, and a public boat ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,501
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,020
$770.0K
Cap Rate 7%
$550,014
$550.0K
Cap Rate 9%
$427,789
$427.8K
Market Conditions
NOI Build-Up for 2,508 SF
Gross rent
$55.7K $22.20/SF
− Vacancy
−$4.3K −$1.73/SF
EGI
$51.3K $20.47/SF
− OpEx
−$12.8K −$5.12/SF
NOI
$38.5K $15.35/SF
Area
Indian River County, FL
Vacancy
7.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,020
Cap Rate 7%
$550,014
Cap Rate 9%
$427,789
Alternative Uses
Best Use
Specialty Retail
$550.0K
$481.3K – $641.7K
NOI $38,501 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
595
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- captian hirams — s 32958, 11330 s indian river dr, sebastian, fl 32958
- Sandy's Grille — 171 Sebastian Blvd, Sebastian, FL 32958
- The Italian Cousin - Italian Restaurant — 480 US-1, Sebastian, FL 32958
- CC's place — 482 US-1 #5, Sebastian, FL 32958
- No Name Sports Bar Night Club Smoke Shop — 490 US-1, Sebastian, FL 32958
Frequently Asked Questions
What type of property is this?
Bar & Pub - The property is near the Indian River, Riverview Park, and a public boat ramp.
Where is this bar & pub located?
The property is located at 717 Coolidge Street Sebastian, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,508‑square‑foot bar and pub property; Built in 1985; Near the Indian River, Riverview Park, and a public boat ramp
