806 Indian River DrSebastian, FL 32958

This exceptional waterfront property, Mulligan's Marina, presents a unique investment opportunity. Located at 806 Indian River Dr, Sebastian, FL 32958, this fee-simple offering encompasses a thriving restaurant and marina business. The 7,429 square foot property, built in 1997 and renovated in 2024, sits on a 0.6-acre lot and features a two-story building with 6,575 square feet of net rentable space. The asking price is $11,500,000, translating to $1,547.99 per square foot. The property boasts 77 parking spaces and is zoned for commercial waterfront residential use (CWR). Currently operating as a single-tenant, NNN lease, the restaurant seats 200 guests, with 25 tables and 13 booths. The marina, situated on the Indian River, offers slips and lifts of various sizes, catering to diverse vessel types. Its prime location, adjacent to world-famous beaches and less than 3 miles from Sebastian Inlet (with no fixed bridges or speed restrictions), provides breathtaking views. The marina's modern utilities ensure a seamless experience for boat owners. Future plans include provisioning services, further enhancing convenience for patrons. This turnkey operation offers significant potential for increased rental income. The property's APN is 31390600000007000005.0.