4845 Dixie Highway NE, Palm Bay, FL 32905

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Property Description

Rare opportunity to acquire an established waterfront hospitality venue together with the underlying real estate along the Indian River in Palm Bay, Florida. The offering includes approximately ±0.74 acres of owned waterfront real estate improved with a ±4,135 SF restaurant building and a ±1,557 SF secondary building currently utilized for storage and living quarters. The Shack Riverfront Restaurant & Outback Tiki Bar is an established local destination featuring waterfront dining, a full-service tiki bar, indoor and outdoor dining and entertainment areas, regular live entertainment, and private dock infrastructure. The sale includes the operating business, real estate, FF&E, and related business assets. An additional ±0.90-acre easement area approved for parking provides valuable parking capacity to support the operation. Located along highly visible US-1 in Florida's growing Space Coast market, this offering provides an opportunity for an owner-operator, restaurant or hospitality

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Listing courtesy of Engel & Volkers Melbourne.