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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 |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
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)
PROPERTY TAXES
| Parcel Number | 30-46-23-T1-00004.0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,874,435 |
PROPERTY TAXES
Parcel Number
30-46-23-T1-00004.0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,874,435
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1551 Periwinkle Way
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