239-292-3031
2407 Periwinkle Way, Sanibel, FL for Sale
Storefront - FOR SALE
1/19
null | Request Cap Rate

NEW


2407 Periwinkle Way
Sanibel, FL 33957
Middle Gulf Drive


HIGHLIGHTS

  • Great Location!
  • Newly Renovated
  • Trophy Property
  • Owner/User or Investment

OVERVIEW

Invest Florida is proud to represent The Islander Center! This boutique center consists of two buildings (east and west) with a generous parking lot of 49 spaces in between them. The west building consists of four (4) units approximately 4,095 SQFT. Within the west building there is a take-out restaurant with covered outdoor seating. additionally, there is a medical office, and two retail/office uses. The east building consists of two units approximately 3,801 SQFT. The East building has a full-service 1,587 SQFT restaurant space with indoor and outdoor seating and the second unit is a larger 2,214 SQFT. well, laid out office space. Both these building total 7,896 SQFT. with six (6) total units and share 49 parking space between them. This boutique shopping center is centrally located in the heart of Sanibel Island on Periwinkle Way. The shopping center has 244 FT of Frontage on Periwinkle Way and is over 1.35 acres. The Islander shopping center has been completely renovated with completely NEW interiors, mechanicals and HVAC systems! These newly remodeled spaces at this location leaves little to worry about when it comes to capital expenditures and will allow the new owners to obtain much higher rental prices per SQFT. Invest Florida believes that the Islander Center represents a great opportunity to invest in an income producing trophy property that has upside revenue potential! If you are and owner/user that wants additional income alongside your own business this is the perfect opportunity! Invest Florida is a full-service commercial brokerage company that can also assist you in managing this property! I encourage you to schedule a showing and let's see if this investment is a good fit for you!

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Islander Center on Sanibel Island

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

TCG

APN/PARCEL ID

26-46-22-T2-00004.0070

ASK ABOUT THIS PROPERTY

Nicholas PaulusInvest Florida, LLCMore Info
239-292-3031

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Nicholas PaulusInvest Florida, LLCMore Info
239-292-3031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.