This is a unique large collection of land located at the confluence of the Indian River and Sebastian River, at the US1 Sebastian River Bridge, and directly across the Indian River from the Sebastian Inlet. The property has 2 parcels; the parcel south of Main Street is 2 acres, with 350' of Sebastian River frontage, 350' of Main Street frontage, 230' deep, and nearly 200' of US1 frontage, this parcel is zoned BU-1 (General Retail Commercial), perfect for a Marina, Restaurant, boat storage, etc.The parcel north of Main St is approx 1.5 acres, bounded by Main St on the south, Palm Ave on the north, and Lawrence St on the westside. There are 300' of Main Street frontage, its zoned Residential. The listed price for both parcels together is $1,500,000, the property can be split up as follows: The riverfront parcel would be $1,200,000,and the residential parcel would be $375,000. The owners will consider holding a First Mortgage on either parcel with a considerable down payment.
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