1931 Old Dixie Hwy Vero Beach, FL 32960-3579
This thriving restaurant at 1931 Old Dixie Highway in Vero Beach, Florida, presents a unique investment opportunity. Located in the vibrant Downtown Arts District, this established business boasts a highly profitable track record and is offered at $1,150,000. The property includes three units, a spacious outdoor patio area, and is equipped with a fully functional kitchen, including a walk-in freezer. The building, constructed in 1920, benefits from a newer air conditioning system. A significant advantage is the inclusion of an SRX Liquor License, streamlining operations for the new owner. The current management team is willing to transition with the sale, ensuring a smooth handover and continued operational success. This turnkey operation offers a substantial return on investment for an experienced owner/operator. The property's address is 1931 Old Dixie Highway, Vero Beach, FL 32960, within Indian River County. The lot size is not specified. This is a rare chance to acquire a well-established, profitable restaurant in a prime location. The business's financial details are available upon request. Don't miss this exceptional opportunity to own a piece of Vero Beach's thriving culinary scene.
-
Dan's Garage Door Repair Hardware & Home Improvement General Contractor
-
Fishack Restaurant
The purpose of this district is to establish a set of flexible development standards which can be implemented in the Downtown Districts of Vero Beach. The Downtown District is designed to expand development opportunities and activity in the area as described in the Downtown Plan. Development standards in this district are designed to augment the traditional…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DTW · Vero Beach, FLThe purpose of this district is to establish a set of flexible development standards which can be implemented in the Downtown Districts of Vero Beach. The Downtown District is designed to expand development opportunities and activity in the area as described in the Downtown Plan. Development standards in this district are designed to augment the traditional mixed use character of downtown by allowing residential to mix with commercial uses
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.