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Listing Details

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School Ratings & Info

Description

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 interiors 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.

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© 2021 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MVP Realty. Data last updated 2021-09-17T11:32:20.247.
www.debsparadiseproperties.com/homes/118419487
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1025 Periwinkle Way Sanibel, FL 33957

  • Price: $850,000
  • Status: Active
  • Updated: 68 min ago
  • ID#: 221044550
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1967
Built
Neighborhood:
Si01 - Sanibel Island
County:
Lee
Area:
Si01 - Sanibel Island
Property Description
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 interiors 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.
Exterior Features

Covered Spaces 0 Waterfront Features None Waterfront YN No

Property Features

Current Use Commercial Development Name Gulf Access YN 0 Hoa Fee 0 Land Lease Amount 0 Lease Considered YN No Master Hoa Fee 0 Potential Short Sale YN N Property Condition Resale Property Sub Type Retail Restrictions Tax Annual Amount 5522 Tax Year 2020 Utilities Electricity AvailableSewer AvailableWater Available

Listing courtesy of Eric Pfeifer of Pfeifer Realty Group Llc.


© 2021 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MVP Realty. Data last updated 2021-09-17T11:32:20.247.
 
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MVP Realty
7765 Preserve Lane Unit 1
Naples FL, 34119