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. Ideally located on US-1 for max exposure, in the town known for its famous Seafood Festival, this destination offers an existing, loyal fanbase with endless potential for restaurateurs or investors seeking landmark property, location and upside.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1901
Living Area
4,202 sq ft
Lot Size
0.57 acres
Ownership
Corporation
Days on Market
167
MLS® Listing#
O6348839
Property Features
Cooling
Heating
Flooring
Construction
Foundation
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$6,805
Tax year 2024
Parcel Number
29-38-28-25-0000A.0-0017.01
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
- $575,000
- Median Listing Price
- 78
- Median Days on Market
- 2,068
- Median Sq Ft
- $242
- Median Price / Sq Ft
- 58
- Active Listings
- This home’s price is 161% above the area median.
- Its price per sq ft is 48% 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. - 321-723-9990
Last Updated: 2025-10-01