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1551 Periwinkle Way 12,167 SF Retail Building Sanibel, FL 33957 $5,500,000 ($452.04/SF)

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INVESTMENT HIGHLIGHTS

  • Elevated 12,000 sq. ft. Structure on 3 acres with 200 ft. of Prime Road Frontage

EXECUTIVE SUMMARY

A rare opportunity to purchase a prime Periwinkle commercial property with excellent exposure and over 200 ft 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 guard restaurant and retail space which continues to operate very successfully as Traders. The elevated building has over 12,000 sq ft of developed sq ftg 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 affixed to the walls or ceiling. The sale of real estate (Traders Periwinkle LLC) CAN occur without the sale of the business (Traders Sanibel LLC). (Traders Periwinkle LLC ) is offered at $5,500,000. (Traders Sanibel LLC) is separately offered at $1,200,000. www.traderssanibel.com. Zoning is General Commercial: Permissible uses include retail stores, professional services, financial institutions, and even specialized retail like art galleries, books, pet store. See attached Zoning document.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,167 SF
Building Class
C
Year Built
1985
Price
$5,500,000
Price Per SF
$452.04
Tenancy
Single
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.09
Lot Size
3.00 AC
Zoning
Commercial
Parking
47 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
200’ on Periwinkle

AMENITIES

  • Restaurant
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-46-23-T1-00004.0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,874,435
  • Listing ID: 34790791

  • Date on Market: 2/11/2025

  • Last Updated:

  • Address: 1551 Periwinkle Way, Sanibel, FL 33957

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