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$ 5,400,000
Est. payment | /mo
1.68 Acres Lot
$ 5,400,000
Est. payment | /mo
1.68 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail-Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2250663
Year Built 2020
Lot Size 1.680 Acres
Property Sub-Type Retail-Commercial
Property Description
Sanibel Commons an Investor's Dream on Sanibel Island.
Here's an exceptional opportunity to acquire a current income-producing property right in the heart of Sanibel Island with 200 feet of prime road frontage for unbeatable visibility. This is a high-exposure, income-producing property perfectly positioned on Sanibel Island's main corridor!
The property covers 1.68 acres and includes three separate buildings, each offering its own unique purpose, character, and income.
The Main Flex Building (built in 2020)- is an elevated, modern space offers 3,073 SF of flexible use—ideal for retail, office, warehouse, or garage. It's well-built and designed with versatility in mind, perfect for a variety of business types or even an owner-occupier. Two tenants in place- one is a pool service company being offered for sale separately.
The Bait Box (1,206 SF)-A beloved Sanibel landmark, built in 1940 and recently renovated and elevated in 2023 to preserve its legacy and withstand the test of time. It's currently under a multi-year lease, making it a solid source of income from day one.
Curio Cottage (717 SF)-Another charming retail boutique building with a long-term tenant already in place. This one adds additional stability and cash flow of the property.
You'll also benefit from a conditional use permit for leased parking, which adds extra value and income potential. The entire property is being offered as real estate only, including the land, fee simple interest in the flex building, leased fee interest in the two retail buildings, and any conditional use permits currently in place.
Please note: The real estate is for sale only—Pool service business operating out of the flex building is offered for sale separately.
Whether you're looking for a steady investment, a flexible-use property, or a long-term hold in a prime Sanibel location this investment combines reliable cash flow with long-term appreciation potential in a high-demand location. These types of properties don't come around often—especially with built-in tenants and room to grow.
Here's an exceptional opportunity to acquire a current income-producing property right in the heart of Sanibel Island with 200 feet of prime road frontage for unbeatable visibility. This is a high-exposure, income-producing property perfectly positioned on Sanibel Island's main corridor!
The property covers 1.68 acres and includes three separate buildings, each offering its own unique purpose, character, and income.
The Main Flex Building (built in 2020)- is an elevated, modern space offers 3,073 SF of flexible use—ideal for retail, office, warehouse, or garage. It's well-built and designed with versatility in mind, perfect for a variety of business types or even an owner-occupier. Two tenants in place- one is a pool service company being offered for sale separately.
The Bait Box (1,206 SF)-A beloved Sanibel landmark, built in 1940 and recently renovated and elevated in 2023 to preserve its legacy and withstand the test of time. It's currently under a multi-year lease, making it a solid source of income from day one.
Curio Cottage (717 SF)-Another charming retail boutique building with a long-term tenant already in place. This one adds additional stability and cash flow of the property.
You'll also benefit from a conditional use permit for leased parking, which adds extra value and income potential. The entire property is being offered as real estate only, including the land, fee simple interest in the flex building, leased fee interest in the two retail buildings, and any conditional use permits currently in place.
Please note: The real estate is for sale only—Pool service business operating out of the flex building is offered for sale separately.
Whether you're looking for a steady investment, a flexible-use property, or a long-term hold in a prime Sanibel location this investment combines reliable cash flow with long-term appreciation potential in a high-demand location. These types of properties don't come around often—especially with built-in tenants and room to grow.
Location
State FL
County Lee County
Zoning Gen Commercial
Building
Sewer City
Water City
Listed by Dawn Marie Ramsey • Pfeifer Realty Group LLC
“My goal is to guide you through every step of the process, providing expert advice and personalized service to ensure your real estate journey is seamless and stress-free. With Pfeifer Realty Group, you’re not just getting an agent – you’re gaining a trusted partner.”
1630 Periwinkle Way Unit I, Sanibel, Florida, 33957, USA