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Prime US-1 Commercial Property with Indian River Views – Palm Bay, FL

$1,249,982

4720 Dixie Highway Northeast, Melbourne, FL 32905

Active
Last Updated: 01/22/2026

3,376 sqft

Building Size

1.03 sqft

Lot Area

Details:
Building Size:    3,376 sqft
Lot Area:    1.03 sqft
Year Built:    1984
Zoning:    HC
Tenancy:    Single
Description:

Offered for sale is a freestanding commercial property located along US-1 (Dixie Hwy NE) in Palm Bay, Florida. The property sits on 1.03 acres and benefits from excellent visibility, strong traffic exposure, and proximity to the Indian River.

The site features a turn-key commercial / restaurant build-out, including a flexible interior layout and a large outdoor patio overlooking the Indian River, creating strong appeal for hospitality or experiential commercial uses. The property offers ample on-site parking and convenient access from a primary north–south arterial serving the Space Coast.

Zoned Highway Commercial (HC), the asset allows for a wide range of commercial uses and provides long-term flexibility for owner-users, investors, or repositioning opportunities. The surrounding corridor continues to experience growth, with new multifamily development nearby, supporting increased residential density and future demand.

This offering presents a rare opportunity to acquire a high-visibility commercial asset with water views in one of Palm Bay’s primary commercial corridors.

Offering Memorandum available upon request.

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