Commercial Development
1223 Periwinkle Way
Sanibel, FL 33957
Periwinkle Way 1223
FOR SALE
Property Type:
Other LandAmount:
$3,995,000
Last Verified:
Feb 20, 2023Description
• 75% of the lot is zoned GC; the back 25% is D2 , which is a residential district.
• The existing restaurant building was heavily impacted by Hurricane Ian.
• Can build back to the 7,896 SF footprint or do completely new setup.
• Allowable uses included medical office, retail, restaurant, self storage, etc.
• Prestigious location with high demand and close to the only island access point.
• Potential to build 1 residential unit in back.
Located in Sanibel Island, Florida
Year Built: 1963
Building Size: 7896sq ft
Lot Size: 2.29 acres
