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Bait Box 1037/1039 Periwinkle WAY, Sanibel, FL 33957

Commercial Property MLS# 217029501 ID: 44802747
$2,500,000 Get Rates

Commercial - SANIBEL, FL
This listing consists of 2 parcels of land & 3 buildings being offered for sale. The Bait Box and warehouse businesses are located on the west parcel and the Sanibel Captiva Community Bank is located on the east parcel and both parcels are zoned General Commercial. The Bait Box business sale includes all computers, fixtures, furniture, inventory (valued at $175,000) bait truck, storage trailer and any and all improvements. Property can also be purchased separately from The Bait Box business. The Sanibel Captiva Community Bank lease expires 9/30/19 with an option to renew and the current annual lease is $24,402. The warehouse does not have a lease and generates $795 per month in rental income. Given the permitted 7302 square feet of commercial floor area allowed in the General Commercial district, an additional approximately 4730 +/- square feet of new commercial floor area could potentially be developed on the open back portion of the property (adding to the existing 2572 square feet), subject to compliance with City development performance standards.

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Offered by David Schuldenfrei at VIP Realty Group,Inc

Would you like more information regarding this property?
Please call (239) 472-5187.

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Property Features for Bait Box 1037/1039 Periwinkle WAY
Market Status
Sale Pending
Last Updated
April 22, 2018
Property Type
Commercial Property
Year Built
Approx. Lot Size
1.68 Acres

Listing Features

  • Property Type: Commercial;

Data Provided by Florida Gulf Coast Multiple Listing Service, Inc.

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More information about this $2,500,000 Commercial Property at Bait Box 1037/1039 Periwinkle WAY

This $2,500,000 Commercial Property at Bait Box 1037/1039 Periwinkle WAY in Sanibel, FL is presented by David Schuldenfrei. This $2,500,000 Commercial Property, located in the 33957 zip code, has the following property features: Property Type. This Bait Box 1037/1039 Periwinkle WAY Commercial Property, located in Lee County , is listed under MLS listing number 217029501 and has a listing price of $2,500,000. You can find more SANIBEL homes for sale here.