1103 21St St Vero Beach, FL 32960
- Turn key restaurants
- 5,145 SF
- 0.67 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1103 21St St
- Year built
- 1930
- Construction
- WOOD
- Lot size
- 0.67 lot acres
- Property size
- 5,145 SF
- Zone code
- C-1B
- Property type
- Turn key restaurants
- APN
- 33-39-01-00022-0020-00001.0
- APU
- 9223372036854775807
Description
This iconic Vero Beach restaurant building, a well-established landmark, presents a remarkable opportunity for lease or sale. Spanning 5,145 square feet on a .67-acre lot (29,185.2 sq ft), this single-tenant property boasts approximately 87 feet of road frontage on US1 and 165 feet on SR 60 West. The building, constructed in 1930, features upscale fixed dining rooms and a bar, along with an inviting outdoor patio and bar area. This turnkey operation includes a full liquor license and ample parking, catering to a dedicated customer base along the Treasure Coast. The property is zoned C-1B (General Commercial Trades and Services) in Indian River County, Florida, and benefits from city water and FPL utilities. Annual property taxes are $11,065.84 (2022). Lease terms are $12,000 per month plus sales tax, while the sale price is $1,600,000. Furnishings and equipment are available for an additional $125,000. This is an exceptional opportunity to acquire a thriving business in a prime Vero Beach location. The address is 1103 21st St, Vero Beach, FL 32960.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.3956
- Latitude
- 27.6392
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
