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Waterfront Restaurant For Sale 1550 Indian River Dr 1,540 SF Vacant Retail Building Sebastian, FL 32958 $1,250,000 ($811.69/SF)
Executive Summary
FEATURES:
- Prime waterfront location along Indian River Lagoon on Indian River Drive in Sebastian.
- 1,540 SF freestanding restaurant building with existing commercial kitchen layout.
- Large covered outdoor dining deck with beautiful river views.
- Potential shallow boat-up access for customers.
- Located in a popular coastal boating, fishing, and tourism destination.
- Seating for Approx. 150.
BUILDING: 1,540 SF Restaurant on .59 Ac. with Approx. 100 Ft. of Frontage on Indian River Drive
YEAR BUILT: 2006
ZONING: (CWR) Commercial Waterfront Residential
UTILITIES: City Water & FPL
R.E. TAXES: $14,156.52 (2025)
SALE PRICE: $1,250,000
- Prime waterfront location along Indian River Lagoon on Indian River Drive in Sebastian.
- 1,540 SF freestanding restaurant building with existing commercial kitchen layout.
- Large covered outdoor dining deck with beautiful river views.
- Potential shallow boat-up access for customers.
- Located in a popular coastal boating, fishing, and tourism destination.
- Seating for Approx. 150.
BUILDING: 1,540 SF Restaurant on .59 Ac. with Approx. 100 Ft. of Frontage on Indian River Drive
YEAR BUILT: 2006
ZONING: (CWR) Commercial Waterfront Residential
UTILITIES: City Water & FPL
R.E. TAXES: $14,156.52 (2025)
SALE PRICE: $1,250,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,540 SF
Building Class
B
Year Built
2006
Price
$1,250,000
Price Per SF
$811.69
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.59 AC
Zoning
CWR - Commercial Waterfront Residential
Parking
12 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
63’ on Indian River Dr
Amenities
- Waterfront
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-39-31-00000-0020-00003.0 | Improvements Assessment | $328,753 |
| Land Assessment | $436,907 | Total Assessment | $765,660 |
Property Taxes
Parcel Number
30-39-31-00000-0020-00003.0
Land Assessment
$436,907
Improvements Assessment
$328,753
Total Assessment
$765,660
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Waterfront Restaurant For Sale | 1550 Indian River Dr
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