5390 Highway 1 Grant-Valkaria, FL $ 1,500,000
5390 Highway 1
$ 1,500,000
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5390 Highway 1

Grant-Valkaria, FL, 32949
$ 1,500,000
Bedrooms-- Baths3.0 Sq 4,202

Monthly Estimate*

$ 9,236

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Commercial Property for sale in Grant-Valkaria, FL for $1,500,000 with 3 full baths. This 4,202 square foot building was built in 1901 on a lot size of 0.57.

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.

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Commercial Active

Price

$ 1,500,000

Full Bath

3

Property Type

Commercial

Taxes

$ 6,804

Style

Business

Lot Size

0.57

Year Built

1901

Town/City

Grant-Valkaria

County/Region

BREVARD

MLS | Web ID

1057983

Features
General
Living Area 4202.0
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Water Connected
Possession Close Of Escrow
Roof Metal
Security Features Closed Circuit Camera(s) Fire Alarm Fire Sprinkler System
Construction Materials Wood Siding
Year Built 1901
Electric 200+ Amp Service
Property Subtype Business
Tax Year 2024
Current Use Commercial
Building Name RIB CITY
County Brevard
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name Jorgensons Plat of Grant
Building Features Storage Kitchen Facilities Manager on Premise Outside Storage Private Restroom Public Restroom Rear Access Restaurant Separate Office Area
Status Active
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).
City Grant-Valkaria
Senior Community Y/N N
Number Of Units Total 0
MLS Area 342 - Malabar/Grant-Valkaria
Lot Size Units Acres
Lot Size Square Feet 24829.2
Land Lease Y/N N
Tax Annual Amount 6804.84
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 342 - Malabar/Grant-Valkaria
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1057983
Standard Status Active
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Interior
Flooring Tile Wood
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 3
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Exterior
Fencing Wood
Parking Features Additional Parking Off Street Parking Lot Unassigned
Lot Features Corner Lot Easement Access Few Trees Historic Area
Water Source Private
Inclusions Furniture Fixtures and Equipment Business with Real Estate Building & Land
Lot Size Area 0.57
Spa N
Lot Size Acres 0.57
Waterfront Y/N N
Road Frontage Type City Street Highway
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5390
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* Excluded Features
List By
Dale Sorensen Real Estate Inc.

Broker

Affordability Calculator

$9,803
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$567
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2025$1,500,000 Listed Price

Map


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5390 Highway 1, Grant-Valkaria, FL, 32949 is a Commercial Property for sale at $1,500,000 with 4,202 sqft and a lot size of 0.57. 5390 Highway 1 has 3.0 baths and was built in 1901. The property's zip code is 32949 which is in Grant-Valkaria, FL