2411 Periwinkle WAY, Sanibel, FL 33957

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.