Bait Box 1037/1039 Periwinkle Way
Sanibel, FL 33957
Est. P&I payment: $9548.31/mo
Description for Bait Box 1037/1039 Periwinkle Way, Sanibel, FL 33957
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.
My Notes for MLS #217029501
- Commercial Property Type: Office: Office Building,Retail-Commercial: Free Standing Building,Retail-Commercial: Other,Special Purpose: Misc. Other
- Commercial Type: Business w/Property
- Year Built: 1984
- Acres: 1.68
- Canal Width: None
- Depth: 400
- Lot Frontage: 200
- Source of Measure Lot Size: Previous Appraisal
- Subject Property SqFt: 73,025
- Waterfront Description: None
- Cooling?: 1
- Utilities Available: Electric,Phone Line,Septic,Trash Removal,Water
- Sale Includes: Building And Land,Business,Equipment,Fixtures,Furniture,Inventory,Other See Remarks,Trade Name
- Taxes: 8,909.23
- Tax Year: 2016
- Cumulative Days on Market: 299
- Confidentiality Agreement Req: 1
- Legal Description: BEG AT INTSEC CO RD + E LI SEC 19 W ALG S SI CO RD 350 FT TO POB CONT W ALG
- Tenancy: Multiple
Street View Not Available
The listing information for Bait Box 1037/1039 Periwinkle Way, Sanibel, FL 33957 was graciously provided by our friends at the listing brokerage, VIP Realty Group,Inc
Get Financing for Bait Box 1037/1039 Periwinkle Way, Sanibel, FL 33957
All information in this site is deemed reliable but not guaranteed. The property information provided on Better Homes & Gardens Real Estate - Pristine's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Better Homes & Gardens Real Estate - Pristine, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of Ft Myers MLS. Properties listed with brokerage firms other than this website's brokerage are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2018 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed . This information should be independently verified if any person intends to engage in a transaction in reliance upon it .
Last Updated 03/19/2018 at 3:08pm