Boutique Shopping Center for Sale on Sanibel Island, Florida.

Highlights

• Prime location on Sanibel Island
• 49 parking spaces
• Newly renovated
• Value-add potential
• Trophy property opportunity

Description

Introducing a prime investment opportunity in Southwest Florida: a meticulously renovated, 7,825 SF shopping center ideally positioned at 2407 Periwinkle Way. Built in 1996 and recently updated in 2025, this property exudes the charm of Sanibel and old Florida style, featuring distinctive metal roofs and lush tropical landscaping. With the potential for growth in Sanibel Island's tourism, occupancy rates for this shopping center can only go up as tourists return. Zoned CPD and strategically located, this property presents a rare opportunity for an astute commercial real estate investor. The center comprises of six units, including a full-service restaurant, a take-away restaurant, a medical office, boutique retail spaces, and a beautiful office space. Embrace the allure of this unique asset with its blend of character, functionality, and promising future returns. This property is perfect or an owner/user who wants to have a business and generate passive income at the same time!

Positioned in the aftermath of Hurricane Ian, Islander Center's strategic location offers an unparalleled investment opportunity. With a 20% surge in property values following the hurricane, the Southwest Florida market is ripe for growth. Boasting a robust tourism industry and a 15% increase in commercial leasing post-disaster, the area presents a compelling case for commercial real estate investment. The lack of available commercial properties on the island, following the destruction, provides an advantage to existing commercial properties, cementing the area's economic resilience. The center itself has been completely renovated, featuring all-new interiors and state-of-the-art HVAC systems, offering a turnkey investment opportunity. Embrace the potential of this thriving island location, where business meets paradise amidst a post-disaster resurgence.

Documents