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Sanibel,FL 33957
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225043990
Construction Status Resale
HOA Y/N No
Year Built 1940
Annual Tax Amount $13,786
Tax Year 2024
Lot Size 0.838 Acres
Acres 0.8379
Property Sub-Type Retail
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— 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.
Location
State FL
County Lee
Area Si01 - Sanibel Island
Rooms
Bedroom Description NaN
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available, Septic Available, Trash Collection, Water Available
Waterfront Description None
Present Use Commercial,Mixed Use,Retail
Garage No
Building
Story 1
Sewer Septic Tank
Construction Status Resale
Others
Senior Community No
Tax ID 19-46-23-T3-00011.0010