COMMERCIAL AND ON THE RIVER - 18 unit motel on the inter coastal water way with attached restaurant building and separate motel office building. Separate laundry facility, two permitted road signs, and private well and septic. Older facility in good condition offering aprox 1.5 acres and 130+ foot frontage on US Route #1 and INDIAN RIVER with a 100+ foot long dock. Current zoning is TU-1, but subject to change with city water and sewer on the way. Great income property. Adjacent home .89 acre zoned commercial also available. Excellent potential to redevelop into condotel, condos, major restaurant facility. Offered at $860,000.
Real Estate Auctions, llc
www.realestateauctionsllc.com
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