5390 Highway 1, Grant Valkaria, FL 32949
Brevard County
Key Facts
Description
Rare Restaurant Opportunity in Grant-Valkaria! Rib City Still OPEN for business during sales process. Across the street from the Indian River in the heart of town, this iconic property blends history, charm, and functionality. Formerly The Jorgensen's General Store, now ''Rib City'' the building is proudly listed on the National Registry of Historic Places! Sale includes real estate, business & complete on-site inventory, offering a turnkey opportunity. Franchise or complete liberty to make it what you wish! Features include a spacious main dining room, smaller private dining room, outdoor areas, patio, bathrooms, office and so much more. From stone-pillared porch to upstairs deck with river views, this property defines old-Florida character.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1901
Living Area
4,202 sq ft
Lot Size
0.57 acres
Zoning
Commercial
Days on Market
288
MLS® Listing#
R11128445
Property Features
Cooling
Heating
Flooring
Fencing
Construction
Roof
Security
Utilities
Sewer
Financial Details
Annual Taxes
$6,805
Tax year 2024
Parcel Number
293828250000a0001701
Directions
Sits directly on U.S. S. Hwy 1 in Grant-Valkaria, FL A/K/A Rib City, turn west into parking lot from US-1 (across street from Sunoco gas station).
Affordability Calculator
$300,000
Estimated monthly payment
$7,984/mo
Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grant Valkaria, FL
- $581,250
- Median Listing Price
- 79
- Median Days on Market
- 2,105
- Median Sq Ft
- $245
- Median Price / Sq Ft
- 59
- Active Listings
- This home’s price is 158% above the area median.
- Its price per sq ft is 46% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grant Valkaria, FL.
Location
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Points of Interest in Grant Valkaria, FL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4721 Blossom Ridg Place, Grant-Valkaria, FL | $1,099,999 | 5 | 4 | 3,394 |
| 5390 US HIGHWAY 1, GRANT VALKARIA, FL | $1,100,000 | — | — | 4,202 |
| 5390 Us-1, Grant Valkaria, FL | $1,100,000 | — | 3 | 4,202 |
| 5390 Highway 1, Grant-Valkaria, FL | $1,100,000 | — | 3 | 4,202 |
| 4761 Blossom Ridge Place, Grant-Valkaria, FL | $1,100,000 | 4 | 5 | 3,091 |
| 4715 Blossom Ridge Place, Grant, FL | $1,180,000 | 4 | 3 | 2,699 |
Moving Cost Estimate
EXIT Agents in Grant Valkaria
Listing Courtesy: Dale Sorensen Real Estate Inc. - 3217239990
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.