1551 Periwinkle Way

Sanibel, FL 33957

$5,500,000
For Sale
Listed: February 7, 2025
MLS#: 225014247

Property Description

A rare opportunity to purchase a prime Periwinkle commercial property with excellent exposure and over 200ft 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.

Key Details

Price
5,500,000
Year Built
1985
Lot Size
3 Acres
Property Type
CommercialSale
Property Subtype
Retail
County
Lee
Cooling
Yes
Heating
Yes
Taxes (Annual)
$4,103 (Year: 2024)

Location

Interested in this property?

Have questions about this property or would like to schedule a showing? Our team is ready to help!

Featured Articles

No articles available

Listing courtesy of: Phaidra McDermott, Kingfisher Real Estate, Inc.
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.