Mulligan's Marina and Restaurant Portfolio presents a unique opportunity to acquire a thriving waterfront destination in Sebastian, Florida, along with three additional Mulligan's Beach House and Sports Bar locations, available for individual or bulk purchase. On the scenic Intracoastal Waterway, Mulligan's Marina combines modern marina amenities with waterfront dining, offering stunning views of Northern Vero Beach Island. Visitors can enjoy the tranquility of the Indian River, spotting dolphins, pelicans, and manatees in a relaxed setting. Conveniently located near Riverview Park, US Highway 1, and just 13 miles north of Vero Beach, the property attracts a mix of locals and tourists, benefiting from the area's seasonal population growth.
Mulligan's Beach House Bar and Grill seats 200 guests and features an enclosed patio with large opening windows for waterway views. The restaurant is fully operational with a long-term lease that includes a 10-year initial term, three five-year renewal options, and annual rent increases beginning in year three. Fixtures and equipment in excellent condition are included, along with 77 parking spaces and potential for expansion.
The marina, rebuilt in 2024, includes 47 composite finger slips for vessels up to 40 feet, with lifts supporting up to 20,000 pounds. Each slip has water, electrical hookups, dock boxes, and access to cleaning stations. Security is ensured with app-monitored cameras, and 50% of slips are already leased, with demand growing steadily. The property also features a second-floor commercial space with three rooms, two bathrooms, storage, and a wraparound deck with riverfront views. Located near Pelican Island and Sebastian Inlet, the marina provides direct access to beaches and boating routes free of fixed bridges or speed restrictions. On-site dining and planned provisioning services for boaters further enhance its appeal.
In addition to this offering, three additional Mulligan's Beach House and Sports Bar businesses are available (real estate not included). The Jensen Beach location, situated at 2019 NE Jensen Beach Boulevard, offers 7,000 square feet of space with a seating capacity of 220, located on the riverfront with a two-story layout. The Vero Beach location, at 1025 Beachland Boulevard, provides 6,000 square feet of space with a 230-person seating capacity, positioned oceanfront and attached to a hotel. The Riviera Beach/Singer Island location, located at 2551 N Ocean Avenue, features 8,500 square feet of space with a seating capacity of 175, is situated on the beachside, and includes an arcade.
This portfolio represents an exceptional investment opportunity in Florida's vibrant coastal markets. It blends waterfront dining and marina services with substantial growth potential. The "Links" section below provides links to the business offering on BizBuySell.