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Waterfront Restaurant, Tiki Bar & Real Estate

$4,999,982

4845 Dixie Highway Northeast, Melbourne, FL 32905

Active
Last Updated: 11/02/2026

5,692 sqft

Building Size

0.74 sqft

Lot Area

Details:
Building Size:    5,692 sqft
Lot Area:    0.74 sqft
Year Built:    1956
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 group, or investor to acquire an operating waterfront venue together with the underlying real estate.

Confidential financial information is available to qualified buyers upon execution of an NDA.

Highlights

- Direct Indian River Waterfront Real Estate
- Operating Restaurant, Tiki Bar & Entertainment Venue
- Business & Real Estate Included
- Prime US-1 Frontage with High Visibility
- Expansive Indoor & Outdoor Dining & Entertainment Areas
- Private Dock + Additional ±0.90-Acre Easement Area Approved for Parking

Map:
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