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1979 Us Highway 1, Sebastian, FL 32958 (MLS# R10648453)

1979 Us Highway 1, Sebastian, FL 32958

$585,200
Property Type: Commercial Sale Square Footage: 4,000 Status: Closed
Current Price: $585,200 List Date: 8/20/2020 Last Modified: 5/23/2026

Overview

Description

NAME YOUR OWN PRICE! For Sale ONLY at ABSOLUTE AUCTION! 4,000+/- Sq. Ft. Commercial Building on US Highway 1 in front of Walmart Shopping Center in Sebastian! Perfect for Owner/User or Investor! Selling to the HIGHEST BIDDER...REGARDLESS of PRICE!! Property Highlights Include: 4,000+/- SQ. FT. ~ Formerly a Savings Bank ~ Situated on US Highway 1 ~ Existing Drive Thru ~ Walk-in Safe and Safety Deposit Boxes ~ Ample Parking ~ GREAT Location. Potential Uses Include (but not limited to): Medical Marijuana Store, Professional Offices, Currency Exchange, Urgent Care, Preschool/Daycare, PLUS many more! Registration onsite begins at 11am with the bidding starting at Noon! Online Bidding Registration Now OPEN

Listing Details MLS# R10648453

General Property Information

Number Of Units Total
Yes
Building Area Main
4000
Building Area Source
Public Records
Year Built
2000
Lot Size Area
50094
Lot Size Acres
1.15
Accessibility Features YN
Yes
Stories
Yes

Property Features

Building Features: Free Standing; Lobby; Private Restroom(s); Public Restroom(s); Rear Access; Separate Office Area Business Type: Commercial; Professional/Office; Other Documents Available: Existing Survey Electric: Three Phase Flooring: Carpet; Ceramic Tile; Vinyl Heating: Central; Electric Location of Property: Central Business District; City Location; Shopping Center Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: Building; Land Special Listing Conditions: Auction Cooling: Central Air Listing Terms: Cash Traffic Type: Auto; Heavy Roof: Composition Security Features: None Sewer: Public Sewer Structure Type: Office Water Source: Public Showing Requirements: Appointment Only Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
Yes

Location and Legal

County Or Parish
Indian River
County Parish Name
Indian River
Street Number
1979
Street Name
Us Highway 1
City Name
Sebastian
State Or Province
FL
Postal Code
32958
Area
5940 - Other Florida County
Parcel Number
303821000010000000262
Zoning
CR
Directions
From the intersection of US Highway 1 and Sebastian Boulevard go north on US Highway 1 for 1.4 miles. Property will be on your left. Look for signs.
Property Description
Commercial Building

Financial Information

Tax Annual Amount
9325.15
Tax Year
2019
Tax Legal Description
PLAT OF WAUREGAN ON FLEMING GRANT PBB 1-75 BEING MORE PART DESC AS FOLL; THAT PART OF S 115 FT OF LOT26 & THAT PART OF N

Status Change Information

Major Change Timestamp
2020-11-11T18:07:26Z
Major Change Type
Status Change
Status Change Date
2020-11-11
Under Contract Date
2020-09-10
Close Date
2020-10-15
Close Price
585200
Buyer Financing
Cash

More Information

Auction Terms

Auction Date
2020-09-10
Absolute
Yes
Non Published Reserve
No
Subject To Seller Confirmation
No
Online
No
Terms & Conditions Attachment
Yes
LP is the required deposit to bid on property
No
Pre-Auction
No
Live Auction Date
2020-09-10
Post Auction Period
2020-10-30
Auction Contact Name
Elliot Paul
Auction Contact Phone
772-219-8448
Published Reserve
0

Building and Property Details

# Of Toilets
2
% Air Conditioned
100
Maximum Ceiling Height
15

Price Calculations

Current Price To SqFt
146.3
Original List Price To Close Price
0

Originating Details

Originating System Key
20200820194451542686000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Vinyl
Yes

Property Condition

Resale
Yes

Special Listing Conditions

Auction
Yes

Documents Available

Existing Survey
Yes

Structure Type

Office
Yes

Location of Property

Central Business District
Yes
City Location
Yes
Shopping Center
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Building Features

Free Standing
Yes
Lobby
Yes
Private Restroom(s)
Yes
Public Restroom(s)
Yes
Rear Access
Yes
Separate Office Area
Yes

Business Type

Commercial
Yes
Professional/Office
Yes
Other
Yes

Heating

Central
Yes
Electric
Yes

Sale Includes

Building
Yes
Land
Yes

Listing Terms

Cash
Yes

Roof

Composition
Yes

Security Features

None
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

Appointment Only
Yes

Traffic Type

Auto
Yes
Heavy
Yes

Contingencies

None
Yes
Listing Office: Elliot Paul & Company
IDX
Last Updated: May - 23 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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