520 Tarpon Bay Rd - Freestanding FOR SALE


Sanibel, FL 33957- West Gulf Drive
$1,500,000 USD
239-472-2411
520 Tarpon Bay Rd, Sanibel, FL for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/21
null | Request Cap Rate

520 Tarpon Bay Rd
Sanibel, FL 33957
West Gulf Drive


OVERVIEW

AMAZING LOCATION!!! This freestanding "Historic" building was once the home of Lily & Co Jewelry. Property is located across the street from what will be the new Bailey's Shopping Plaza and next door to Doc Ford's restaurant. High traffic area for pedestrians, bicyclists and motor vehicles. This historic building was built in 1913 but on the tax records in 1930. Zoning is Town Center General which is as permissive as it gets on Sanibel. Seller has partnered with City of Sanibel and completely remediated the building to include the following: Demo existing space. Fill crawl space with concrete New Interior Doors New Base and Casing Installed New 24 Gauge Standing Seam Metal Roof New Seamless gutters New Drywall New Cali Longboard Vinyl Plank Flooring throughout Re-caulk all windows and doors Interior and Exterior Paint Updated Plumbing Updated Electrics All new HVAC systems and Mini Split systems New exterior Marine Grade Light Poles

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$666 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,382 SF

ZONING

TCG

APN/PARCEL ID

26-46-22-T4-00019.0000

ASK ABOUT THIS PROPERTY

Barbara MaughanJohn R WoodMore Info
239-472-2411

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Barbara MaughanJohn R WoodMore Info
239-472-2411

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