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$598,000
Est. payment /mo
0.27 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225020845
HOA Y/N No
Year Built 1950
Annual Tax Amount $9,293
Tax Year 2024
Lot Size 0.272 Acres
Acres 0.272
Property Sub-Type Retail
Property Description
Rare opportunity to own Periwinkle Way fronted commercial property for such a price. Located in The Town Center Commercial District, it is in the center of the action. Next door is a shopping/office/services center and across the street is the F.I.S.H. complex and the San Cap Bank. Its location on the bike path further enhances its visibility. Formerly home to several successful restaurants and the original Cheeburger Cheeburger.
The Town Center General Commercial Districts allows myriad uses, including: retail, office, services, (take out) restaurant an more. Higher floor area ratios are also permitted.
There are two structures, one frame and one CBC. Subject to build back (126-212). Some provisions have been extended and currently expire at the end of the year. May be able to rebuild on the same “footprint” even if it is relocated on the parcel (respecting setbacks, etc.). This could allow up to eight parking spaces. Property has deeded access to the lift station just East of the parcel.
The Town Center General Commercial Districts allows myriad uses, including: retail, office, services, (take out) restaurant an more. Higher floor area ratios are also permitted.
There are two structures, one frame and one CBC. Subject to build back (126-212). Some provisions have been extended and currently expire at the end of the year. May be able to rebuild on the same “footprint” even if it is relocated on the parcel (respecting setbacks, etc.). This could allow up to eight parking spaces. Property has deeded access to the lift station just East of the parcel.
Location
State FL
County Lee
Area Si01 - Sanibel Island
Rooms
Bedroom Description NaN
Interior
Fireplace No
Exterior
Waterfront Description None
Garage No
Building
Story 2
Others
Senior Community No
Tax ID 26-46-22-T2-00004.0140
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Listed by Kingfisher Real Estate, Inc. • Phaidra McDermott
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EverySWFLHome Team
Broker / Team Leader | License ID: BK3449476
Broker / Team Leader License ID: BK3449476