Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.8379

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $5,400,000

  • Tax Amount

    13786.94

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

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Location

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Listing Courtesy of Dawn Marie Ramsey , Pfeifer Realty Group LLC

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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— for retail, office, warehouse, or garage. It’s well-built and designed with versatility in mind, perfect for a variety of business types. Two tenants in place- one is a well-established and longtime island pool service company with retail component. 

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 with current tenants in place. 

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 some room to grow.

1039 & 1041 Periwinkle WAY

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Related Properties

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.
#225014247

SANIBEL

1551 Periwinkle WAY

None Beds

None Baths

N/A

$5,500,000

MLS#: 225014247

 - property

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