1551 Periwinkle Way - Restaurant FOR SALE


Sanibel, FL 33957- Middle Gulf Drive
$5,500,000 USD
239-472-4411
1551 Periwinkle Way, Sanibel, FL for Sale
$5,500,000 USD
Restaurant - FOR SALE
1/13
null | Request Cap Rate

1551 Periwinkle Way
Sanibel, FL 33957
Middle Gulf Drive


OVERVIEW

A rare opportunity to purchase a prime Periwinkle commercial property with excellent exposure and over 200ft of road frontage. The building was originally constructed in 1985 and operated as a shopping center. In 1997, it was reconfigured and reinvented into an avant-garde restaurant and retail space, which continues to operate very successfully as Traders. The elevated building has over 12,000 sqft of developed sqft with easy access for vendors and consumers alike. Resting on 3 acres, it also provides privacy and green space. This offering is for the real estate only, and fixtures are affixed to the walls or ceiling. The sale of real estate (Traders Periwinkle LLC) shall not occur without the sale of the business (Traders Sanibel LLC) offered at $1,200,000. Offered at $5,500,000. www.traderssanibel.com

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$452 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

Commercial

APN/PARCEL ID

30-46-23-T1-00004.0020

ASK ABOUT THIS PROPERTY

Phaidra McDermottKingfisher Real EstateMore Info
239-472-4411

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

Phaidra McDermottKingfisher Real EstateMore Info
239-472-4411

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