1614 Us Highway 1, Sebastian, FL 32958
- $1,100,000
- $1,100,000
Description
Riverwalk Village Plaza is conveniently situated on the north side of Vero Beach, making it a solid investment. There are six retail storefronts and/or offices, and six bathrooms. Currently, two of the six are combined into four leased storefronts. All leases are up for renewal in 2027. The building is well-built, CBS-Constructed, with a steel Roof. The Plaza has been well-maintained. Riverwalk Village is located in the quaint Indian Riverfront Village of Sebastian, FL, a boating and fishing family community and popular destination. It is accessible to the ocean through the Sebastian Inlet.
Address
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Address: Us Highway 1
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City: Sebastian
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State/county: Indian River
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Zip/Postal Code: 32958
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Area: Sebastian
Details
Updated on March 30, 2026 at 6:06 pm-
Property ID R11134668
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Price $1,100,000
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Land Area 0.53 Sq Ft
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Bathrooms 6
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Year Built 1998
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Property Type Retail
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Property Status Commercial Sale
Additional details
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AssociationAmenities BeachAccess
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Building Area Total 4534
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Business Type Commercial, Retail
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Cooling CentralAir, Electric
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Days On Market 155
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Documents Available Aerial, Deed, GroundPhoto, Lease
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Electric Phases3
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Flooring Other
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Gross Income 79110
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Heating Central, Electric, Individual
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Internet Automated Valuation Display YN 1
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Levels One
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ListAgentURL https://www.realestateofflorida.com/
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Listing Terms Cash, Conventional, OwnerMayCarry
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Lot Size Area 23086.8
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Mobile Dim Units Feet
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Net Operating Income 58465
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NumberOfBuildings 1
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NumberOfSeparateElectricMeters 5
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NumberOfUnitsTotal 4
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Occupant Type Tenant
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OperatingExpense 20645
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Possession CloseOfEscrow
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Property Condition Resale
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Security Features SmokeDetectors
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Sewer PublicSewer
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Stories 1
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Tax Annual Amount 6045.02
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TenantPays CableTv, Sewer, Water
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Utilities CableAvailable
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Water Source Public
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Zoning CR
Features
Mortgage Calculator
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