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Tourist – Restaurant Building For Sale

1523 Periwinkle Way, ,
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762
Front View-No Sign Entrance-1 Interior-Bar Front-Dining-Room Drone-14 Drone-shot Front-View
  • Seats: 200.
  • Parking Spaces: 68.
  • Great location on busy Periwinkle Way, the main artery to beaches, homes and hotels in Sanibel.
  • 6,200 square-feet build-out restraunt space currently in operation.
  • F F & E included.
  • A great opportunity due to no renovation or remodel needed.
  • It can build up to 45 feet in height if necessary.
  • An opportunity to also build up to four residential units immediately behind this visible building.
Address: 1523 Periwinkle Way
City:
State/County:
Zip: 33957
Country: United States
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Property Id : 26174
Property Size: 6,00 ft2
Property Lot Size: 2,63 ft2
Property Sale Flyer: https://app.box.com/v/SanibelRestaurant
Total Available Square Feet: 6,200
Price PSF: $887
Max Square Feet: 6,200
AADT 1: 19,200
AADT 1 Street: Periwinkle Way
Acres: 2.63
Confidentiality Agreement: https://app.box.com/v/SanibelResNDA
Total Population 1-Mile: 2,753
Total Population 3-Mile: 5,293
Total Population 5-Mile: 8,794
Five-Year Increase 1-Mile: 3.0%
Five-Year Increase 3-Mile: 3.0%
Five-Year Increase 5-Mile: 3.0%
Avg Household Income 1-Mile: $138,002
Avg Household Income 3-Mile: $141,974
Avg Household Income 5-Mile: $127,292
Total Households 1-Mile: 1,383
Total Households 3-Mile: 2,719
Total Households 5-Mile: 6,611
Daytime Employees 1-Mile: 1,673
Daytime Employees 3-Mile: 3,621
Daytime Employees 5-Mile: 4,888
Agreement Received: 2019-06-19
Listing Commencement: 2018-03-08
Listing Expiration: 2019-04-30
Total Deal: $5,500,000
LQ Fee: $165,000
Client Name: Barry Greenfield
Client Phone: 239-872-5585
Client Email: barryisland99@yahoo.com

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