4391 Dixie Hwy NE 6,500 SF Retail Building Palm Bay, FL 32905 $1,100,000 ($169.23/SF)

Offered at $1.1 million, 4391 Dixie Hwy NE presents a rare opportunity to acquire a freestanding commercial building in one of Palm Bay’s most desirable waterfront corridors. Currently occupied by a restaurant tenant, the property offers immediate income potential for investors or a turnkey opportunity for owner-users seeking a high-visibility location with built-in foot traffic. Situated directly along Dixie Highway and adjacent to the Palm Bay Marina, the site benefits from strong vehicular exposure and proximity to the Indian River Lagoon, drawing consistent activity from boaters, tourists, and local residents. The surrounding area features a mix of retail, residential, and recreational uses, making it a prime location for businesses that thrive on visibility and accessibility. The existing structure is well-positioned for continued use as a restaurant or conversion to another retail or service-oriented concept. For developers, the site also offers long-term upside with potential for mixed-use redevelopment, supported by favorable zoning and the city’s ongoing investment in waterfront revitalization. With easy access to US-1 and I-95, and just minutes from major residential neighborhoods and commercial centers, 4391 Dixie Hwy NE combines location strength, income stability, and future flexibility in one compelling offering.