This is an excellent business opportunity in the amazing riverfront district of beautiful Sebastian. This vacant property is zoned CWR commercial water front residential and offers all types of business opportunities. The City of Sebastian was first incorporated as the Town of Sebastian in 1924. Current population is approximately 20,000. The City has seen rapid growth in the past several years and it is anticipated to continue making this an excellent opportunity for all businesses. Your spacious property measures 77 feet wide and 332 feet deep. The property is mostly cleared and is surrounded by mature tropical landscaping and large shade trees and fruit trees. The unspoiled natural beauty of Sebastian is recognized for top fishing, surfing, skydiving, and water sports. The property is located on a quiet residential street with very little traffic yet just off Federal Highway.Adjacent to the property is a new public parking lot with access to the Indian River making this an excellent location for restaurants, commercial offices or multifamily units. You can build up to three stories high and have an unobstructed view of the River. The property is zoned for 8 units per acre. The River is just across the street and has a panoramic water view. There are currently two storage sheds and a manufactured home on the property these existing structures can stay or the owner is willing to negotiate their removal. The City of Sebastian boasts beautiful parks, along its dazzling riverfront district, close proximity to Atlantic beaches and a comfortable year round average temperature of 73.4 degrees. The white sandy beaches are just across the bridge from your property.The property is within walking distance to popular river front restaurants such as Captain Butchers offering fine dining, marina and party boat, Squid Lips Over Water Grill offering live music and dancing on the River and marina, Captain Hirams with dining on the River, boat and jet ski rentals, River Queen Cruises and lodging for your clients and guests. The River front has the Old Florida charm making this property an excellent choice. There is a bike path that runs adjacent to the river great for bike rides, long walks and jogging. At the south end of the bike trail is River View Park offering several City festivals each year, monthly arts and crafts shows and concerts in the park. The property is within minuets to City Hall, police station, house of worship, schools and banks. Sebastian is the home of the famous Pelican Island National Wildlife Refuge.There are public boat ramps and dockage along the river. Picnic tables with panoramic views. Your property is just minutes to the municipal golf course and Sebastian Airport. The famous Sebastian Inlet is with in minutes of the property offering saltwater fishing a favorite for nationwide for catching snook, red fish, bluefish, and Spanish mackerel from its. Surfing is also a popular recreation and several major competitions are held here every year. There is easy access to Interstate 95 and the Florida Turnpike. The communities of the Sebastian River Area border the headwaters of the St. John`s River - adjacent to the Barrier Island and Atlantic Ocean, and nestle quietly between Vero Beach and Melbourne on the Indian River Lagoon. You could own a piece of this Florida charm and cash in on an incredible investment opportunity the owner is willing to do owner financing. View Virtual Tour ID # 68821.