1046/1048/1090 Periwinkle WAY SANIBEL, FL 33957

About This Property

This is a truly once in a generation opportunity to own Sanibel's iconic Dairy Queen and two surrounding properties. Located near the four-way-stop in a sought-after location with high visibility and great traffic count, this combined offering features three parcels totaling approximately one acre of land and boasting approximately 200 feet of highly desirable Periwinkle frontage. This property features the Dairy Queen restaurant and land including the grandfathered franchise agreement at a very desirable split, a duplex and land behind the restaurant, and a third vacant piece of land adjacent to the west. This popular eatery has been visited by generations of islanders and vacationers alike. Everyone recognizes the Sanibel Dairy Queen, and this reputation is waiting for a new owner and operator. The buildings sustained hurricane damage. This is your opportunity to rebuild a once thriving and iconic island business.

infoProperty Details

Property Type: Retail-Commercial: Other,Retail-Commercial: Restaurant
Year Built: 1971
Lot Size: 0.44 acres
Days on Market: 104
Cumulative DOM: 159
List Date: May 17, 2023
Sold Date: Oct 19, 2023
Annual Taxes: $11K (2022)

yardExterior & Lot

Waterfront

None

$1,650,000