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8895 N US Highway 1 - ±22,877 SF on ±3.61 Acres 22,877 SF Specialty Building Offered For Sale in Sebastian, FL 32958
Investment Highlights
- Former school property within the Indian River School Board portfolio
- Excellent opportunity for commercial reuse, adaptive reuse, or redevelopment
- ±22,877 SF of existing buildings situated on ±3.61 acres
- High-visibility US Highway 1 location near Wabasso Beach and North Hutchinson Island
Executive Summary
Currently used as a school, this property is part of the Indian River School Board Portfolio and offers an excellent opportunity for general commercial reuse, with potential for select industrial applications. The site includes ±22,877 square feet of existing buildings on ±3.61 acres, providing flexibility for occupancy, adaptive reuse, or redevelopment.
Located along US Highway 1, the property offers strong visibility, convenient access, and ample land for parking, outdoor use, or future expansion, and is situated just minutes from Wabasso Beach and the highly affluent North Hutchinson Island market. Its scale and configuration make it well-suited for a variety of commercial, service-oriented, educational or institutional users, as well as light industrial concepts, subject to zoning and approvals.
Located along US Highway 1, the property offers strong visibility, convenient access, and ample land for parking, outdoor use, or future expansion, and is situated just minutes from Wabasso Beach and the highly affluent North Hutchinson Island market. Its scale and configuration make it well-suited for a variety of commercial, service-oriented, educational or institutional users, as well as light industrial concepts, subject to zoning and approvals.
Property Facts
| Sale Type | Investment or Owner User | Building Size | 22,877 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | School | Year Built/Renovated | 1920/1975 |
| Building Class | C | Parking Ratio | 4.07/1,000 SF |
| Lot Size | 3.61 AC | ||
| Zoning | CG - Commercial General | ||
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 3.61 AC |
| Building Size | 22,877 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1920/1975 |
| Parking Ratio | 4.07/1,000 SF |
| Zoning | CG - Commercial General |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 31-39-28-00000-5000-00001.0 | Improvements Assessment | $702,412 |
| Land Assessment | $534,653 | Total Assessment | $1,237,065 |
Property Taxes
Parcel Number
31-39-28-00000-5000-00001.0
Land Assessment
$534,653
Improvements Assessment
$702,412
Total Assessment
$1,237,065
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8895 N US Highway 1 - ±22,877 SF on ±3.61 Acres
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