Shopping Center with Restaurant
For Sale
$5,500,000
1551 Periwinkle Way, Sanibel, FL 33957
Elevated commercial property combines retail and dining areas with convenient access for vendors and consumers.
Property SizeContact for details
Lot Size3.00 Acres
Days on Market670
Property Features for 1551 Periwinkle Way
General Information
Standard status
Active
Lot size
3.00 Acres
Property subtype
Retail
Zoning
General Commercial
Additional Details
Furnished
No
Asking Price
$5,500,000
Road Access
Yes
Equipment Included
No
Taxes and HOA fees
Annual Taxes
$4,103
Amenities
3
Building Details
Year Built
1985
Year Renovated
1997
Buildings
1
Tenancy
Single
Abandoned
No
Listing Agency:
Kingfisher Real Estate, Inc.
(239) 898-3778
Listed By:
Phaidra McDermott · License #280500222
(239) 898-3778
Source:
Xome
Added: Oct 31, 2024
Changed: Aug 31
Last Checked: Aug 31 at 12:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kingfisher Real Estate, Inc.
Investment Insights
Based on property information with market context.
Located at 1551 Periwinkle Way, the property is an elevated commercial building with more than 12,000 square feet of developed space on a 3-acre site. Constructed in 1985, it was reconfigured in 1997 for restaurant and retail use. The real estate offering includes fixtures attached to the walls or ceiling, and the property may be acquired separately from the operating business.
The site provides over 200ft of road frontage, along with access for vendors and consumers. Its General Commercial zoning permits retail stores, professional services, financial institutions, art galleries, bookstores, and pet stores, among other listed uses.
The site provides over 200ft of road frontage, along with access for vendors and consumers. Its General Commercial zoning permits retail stores, professional services, financial institutions, art galleries, bookstores, and pet stores, among other listed uses.
Key Highlights
- More than 12,000 sq ft of developed commercial space
- 3‑acre elevated property with over 200ft of road frontage
- Constructed in 1985 and reconfigured in 1997
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33957, FL
6,382
Population
8,525
Households
0.7
Avg Household Size
68
Median Age
62%
College-Educated
99%
High-School Grad
16.2 sq mi
ZIP Area
394
Density / Sq Mi
$122,730
Median Household Income
$44,840
Median Earnings
$747
Median Rent
$912,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Elevated commercial property combines retail and dining areas with convenient access for vendors and consumers.
Where is this shopping center located?
The property is located at 1551 Periwinkle Way Sanibel, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: More than 12,000 sq ft of developed commercial space; 3‑acre elevated property with over 200ft of road frontage; Constructed in 1985 and reconfigured in 1997
