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Waterfront Mixed-Use Property

806 Indian River Drive, Sebastian, FL 32958

For Sale
$9,999,999

The tenant-occupied restaurant seats approximately 200, alongside a marina with direct Atlantic access.

Property Size1,890 SF
Price / SF$5,291
Days on Market100

Property Features for 806 Indian River Drive

General Information

Standard status Active
Size 1,890 SF
Total Parking Spaces 77
Property subtype Commercial
Zoning CR

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Seating Capacity 200

Taxes and HOA fees

Annual Taxes $29,443

Building Details

Building Size 1,890 SF
Year Built 1997
Stories 2
Listing Agency: LoKation
Listed By: Bernadette M Bunch · License FL #3457392
Source: Irgofflorida
Added: Aug 7 Changed: Nov 11 Last Checked: Nov 12 at 8:52PM

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 LoKation

Rey
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Investment Insights

Based on property information with market context.

This mixed-use waterfront property combines a tenant-occupied restaurant with a marina. The restaurant accommodates approximately 200 guests, and the property is zoned CR.

The site fronts Indian River and is less than 3 miles from Sebastian Inlet. Boaters have direct Atlantic access without fixed bridges or speed restrictions.

Key Highlights

  • Tenant‑occupied restaurant with seating for approximately 200 guests
  • Marina provides direct Atlantic access with no fixed bridges or speed restrictions
  • Less than 3 miles from Sebastian Inlet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Capt Christy Lenz ... Travel Agency Surf Rider Charters Boat Rental Service Shore Restaurant of Sebastian Restaurant Mulligan's Marina Marina AA Fishing Charter ... Tour Operator

Suggested Use

Top Pick Pharmacy Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The tenant-occupied restaurant seats approximately 200, alongside a marina with direct Atlantic access.
Where is this mixed-use property located?
The property is located at 806 Indian River Drive Sebastian, FL.
What is the asking price?
The asking price for this property is $9,999,999.
What are key features of this property?
This property features: Tenant‑occupied restaurant with seating for approximately 200 guests; Marina provides direct Atlantic access with no fixed bridges or speed restrictions; Less than 3 miles from Sebastian Inlet
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