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5390 Highway 1

Grant-Valkaria, FL 32949
  • $1,500,000
  • STATUS: Active
  • ON SITE: 202 Days
  • MLS #: 1057983
UPDATED: 69 min ago
$1,500,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,202
    SQFT
  • $357
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1901
County:

School Ratings & Info

Description

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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© 2026 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Boardwalk Realty LLC. are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Boardwalk Realty LLC..IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-15T20:09:08.05.
www.boardwalkrealtyllc.com/homes/168220974
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5390 Highway 1 Grant-Valkaria, FL 32949

  • Price: $1,500,000
  • Status: Active
  • On Site: 202 Days
  • Updated: 69 min ago
  • MLS #: 1057983
0
Beds
0
Baths
0
½ Baths
0.57
Acres
4,202
SQFT
$357
$/SQFT
1901
Built
Neighborhood:
Jorgensons Plat Of Grant
County:
Brevard
Area:
342 - Malabar/Grant-Valkaria
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials Wood Siding Fencing Wood Lot Features Corner LotEasement AccessFew TreesHistoric Area Parking Features Additional ParkingOff StreetParking LotUnassigned Road Frontage Type City StreetHighway Roof Metal Waterfront Features [] Waterfront YN No

Interior Features

Cooling Central Air Cooling YN Yes Flooring TileWood Heating Central Heating YN Yes Stories Total 2

Property Features

Accessibility Features [] Additional Parcels YN No Association Amenities [] Association YN No Building Features StorageKitchen FacilitiesManager on PremiseOutside StoragePrivate RestroomPublic RestroomRear AccessRestaurantSeparate Office Area Building Name RIB CITY Current Use Commercial Electric 200+ Amp Service Existing Lease Type [] Green Energy Efficient [] Green Water Conservation [] Land Lease YN No Listing Terms CashConventionalOwner May Carry Operating Expense Includes OtherAccountingAdvertisingCable TVCapital ImprovementsDepreciationFuelFurniture ReplacementGardenerInsuranceLicensesMaintenanceMaintenance GroundsManagerPest ControlProfessional ManagementSecurityStaffSuppliesTrashUtilitiesWater/SewerWorkmans Compensation Owner Pays Common Area MaintenanceElectricityExterior MaintenanceGasGrounds CareHot WaterHVAC MaintenanceInsuranceJanitorial ServiceManagementOther TaxParking FeePest ControlRepairsRoof MaintenanceSecurityTaxesTrash CollectionAll Utilities Property Sub Type Business Security Features Closed Circuit Camera(s)Fire AlarmFire Sprinkler System Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Tax Annual Amount 6804.84 Tax Year 2024 Tenant Pays [] Utilities Cable ConnectedElectricity ConnectedWater Connected Water Source Private

Listing provided courtesy of Dale Sorensen Real Estate Inc.: (321) 723-9990.
© 2026 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2026 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Boardwalk Realty LLC. are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Boardwalk Realty LLC..IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-15T20:09:08.05.
 
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Boardwalk Realty LLC.
1415 Litchfield Drive
West Melbourne FL, 32904