For Sale
$55,000

8490 8490.0Micco, FL 32976

Established Business, High Potential, Owner Financing

Overview

Added:
Feb 3
Days on market:
61
This exceptional waterfront commercial property in Micco, Florida, presents a rare opportunity to acquire a thriving, established restaurant and bar. Situated on a 1.01-acre lot directly on US Highway 1, this turnkey operation boasts a 28-seat interior dining area, a fully equipped kitchen, and an expansive outdoor space capable of seating 100 patrons. The property includes a detached boat bar, a stage with lighting, and a brick patio, creating a versatile and inviting atmosphere. The lush grounds feature beautifully maintained gardens, a greenhouse, and a shed for additional storage. Recent upgrades include a new central air conditioning system, a newer septic system, and a new washer and dryer. The property also benefits from two entrances off US Highway 1, providing ample parking in both the front and rear. This well-established business, operating successfully for over 18 years, offers a proven track record with estimated gross profits between $140,000 and $180,000 annually, projected to increase significantly upon the completion of the nearby sewer line, which will allow for expansion to 180 seats. A significant bonus is the included owner's apartment on the second floor, complete with a stunning porch offering panoramic views of the Indian River Lagoon. The sale includes all owned equipment and a current wine and beer license. This is a truly unique opportunity to own a profitable, established business with significant growth potential. The asking price is $55,000.

Property Details for 8490 8490.0

Property type
Year Built
1920
Lot Size (sq. ft)
43,996 SF

Location Insight

City
Micco
County
Brevard
State
Florida
Latitude
27.877
Longitude
-80.5126
8490 8490.0, Micco, Florida

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8490 8490.0
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