717 Coolidge St Sebastian, FL 32958
- Turn key restaurants
- 2,508 SF
- 1.09 lot acres
Current Use by Public Records
- Sebastian River & Inlet Fishing Charters / Fishing Charter / Fishing Pier
- Headwaters & Stick Marsh Bass Fishing Charters / Fishing Charter
- Portside Pub & Grille / Bar & Grill / Restaurant
Property Details for 717 Coolidge St
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.09 lot acres
- Property size
- 2,508 SF
- Zone code
- CR
- Property type
- Turn key restaurants
- APN
- 31-39-06-00020-0020-00003.0
- APU
- 9223372036854775807
Description
This exceptional business opportunity is situated at 717 Coolidge Street in Sebastian, Florida, offering a unique blend of prime location and high growth potential. The property boasts a substantial 2,508 square feet of space, ideally positioned just steps away from the picturesque Indian River, the vibrant Riverview Park, and a convenient public boat ramp. This strategic location provides unparalleled access to recreational activities and a thriving community, making it an attractive destination for a wide range of businesses. The property's proximity to the water offers stunning riverfront views, creating a desirable and potentially lucrative environment for various commercial ventures. The absence of acreage associated with the property allows for focused development and efficient operations. Priced at $650,000, this presents a compelling investment opportunity for entrepreneurs seeking a high-visibility location with significant potential for return. The existing structure offers a solid foundation for a variety of business models, allowing for customization and adaptation to suit specific needs. The property's location within Sebastian, Florida, offers access to a growing population and a strong local economy. This is a rare chance to acquire a well-situated commercial property in a desirable waterfront location. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this exceptional business opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $400,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $395,000
- Mixed-Use
- $300,000
- Hospitality
- $400,000
- Educational
- $320,000
- Residential Income
- $375,000
- Energy
- $315,000
- Income-Based Land
- $390,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Sebastian
- County
- Indian River
- State
- Florida
- Longitude
- -80.4661
- Latitude
- 27.8103
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA