5390 Highway 1, Grant-Valkaria, FL 32949
$1,500,000
Property Type:
Commercial Sale
Baths:
3
Square Footage:
4,202
Lot Size (sq. ft.):
24,829
Status:
Active
Current Price:
$1,500,000
List Date:
9/24/2025
Last Modified:
8/18/2026
Overview
Description
Listing Details MLS# 1057983
General Property Information
- Stories Total
- 2
- Bathrooms Total
- 3
- Building Area Total
- 4202
- Building Area Source
- Public Records
- Year Built
- 1901
- Building Name
- RIB CITY
- Lot Size Acres
- 0.57
- Land Lease YN
- No
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Senior Community YN
- No
- List Price/SqFt
- 356.97
Property Features
Building Features:
Kitchen Facilities; Manager on Premise; Outside Storage; Private Restroom; Public Restroom; Rear Access; Restaurant; Separate Office Area; Storage
Business Type:
Franchise; Ice Cream/Frozen Yogurt; Restaurant
Ceiling Type:
Drywall; Wood Panel
Construction Materials:
Wood Siding
Cooling:
Central Air
Current Use:
Commercial
Electric:
200+ Amp Service
Fencing:
Wood
Flooring:
Tile; Wood
Heating:
Central
Listing Terms:
Cash; Conventional; Owner May Carry
Location:
County
Lot Features:
Corner Lot; Easement Access; Few Trees; Historic Area
Operating Expense Includes:
Accounting; Advertising; Cable TV; Capital Improvements; Depreciation; Fuel; Furniture Replacement; Gardener; Insurance; Licenses; Maintenance; Maintenance Grounds; Manager; Pest Control; Professional Management; Security; Staff; Supplies; Trash; Water/Sewer; Workmans Compensation; Other
Owner Pays:
All Utilities; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Grounds Care; Hot Water; HVAC Maintenance; Insurance; Janitorial Service; Management; Other Tax; Parking Fee; Pest Control; Repairs; Roof Maintenance; Security; Taxes; Trash Collection
Parking Features:
Additional Parking; Off Street; Parking Lot; Unassigned
Possession:
Close Of Escrow
Road Frontage Type:
City Street; Highway
Roof:
Metal
Sale Includes:
Building & Land; Business with Real Estate; Furniture, Fixtures and Equipment
Security Features:
Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System
Sewer:
Septic Tank
Showing Requirements:
Appointment Only; Listing Agent Must Accompany; No Sign; Restricted Hours; Showing Service
Special Listing Conditions:
Standard
Utilities:
Cable Connected; Electricity Connected; Water Connected
Water Source:
Private
Contract Information
- Original List Price
- 1500000
- Listing Contract Date
- 2025-09-20
- Property Sub Type
- Business
- Comp Sale YN
- No
Location Tax and Legal
- Street Number
- 5390
- Street Name
- Highway 1
- County
- Brevard
- State
- FL
- Postal Code
- 32949
- MLS Area Major
- 342 - Malabar/Grant-Valkaria
- Subdivision Name
- Jorgensons Plat of Grant
Remarks and Miscellaneous
- Public Remarks
- Rare turnkey restaurant opportunity in the heart of Grant Valkaria! (Rib City remains OPEN throughout the sale process.) Located directly on US-1 across from the Indian River, THE Historic Grant Station combines more than 130 years of history with a fully equipped, operating restaurant. Formerly Jorgensen's General Store, the property is listed on the National Register of Historic Places. Sale includes the real estate, operating business, FF&E and on site inventory. Continue as Rib City, subject to franchise approval and transfer requirements, or bring your own concept. Features include multiple dining areas, outdoor spaces, patio, office, upstairs deck with river views and unmistakable Old Florida character. Excellent US-1 visibility, an established local following and a landmark location make this a rare opportunity for restaurateurs, entrepreneurs or investors. NOTE: Traffic light and crosswalk expected at US-1 and First St. Summer 2027!
Status Change Information
- Major Change Timestamp
- 2025-09-24T21:30:56Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2025-09-24
More Information
National Registry ›
Listing Office:
Dale Sorensen Real Estate Inc.
Last Updated: August - 18 - 2026
Information is deemed to be reliable, but is not guaranteed.