1025 Periwinkle WAY SANIBEL, FL 33957

About This Property

East end commercial/retail building in a prime location on the same side as the bike path, across the street from the Lazy Flamingo, and next to Sanibel Captiva Bank. During peak season, 10,000 cars pass this location every day. This 1,780 sq ft space includes a separate kitchenette and bathroom area. It is currently leased through 2023 by a successful home interior’s business which provides strong immediate rental income to the new buyer. This location has been fully leased for the past 10 years providing consistent income. Purchase this building now and take your time planning your future business, or buy it now for the consistent rental income over time. $850 quarterly fee covers 24.76 % of common area maintenance of overall commercial center.

infoProperty Details

Property Type: Retail-Commercial: Free Standing Building
Year Built: 1967
Lot Size: 0.04 acres
Days on Market: 144
Cumulative DOM: 228
List Date: Jun 17, 2021
Sold Date: Jan 31, 2022
Annual Taxes: $6K (2021)

yardExterior & Lot

Waterfront

None

$810,000