Return to Listing With Agent Info Without Agent Info

For Sale - Commercial Mixed Use

2400 Palm Ridge Road, Sanibel, Florida 33957
Sold: $2,350,000
For Sale - Commercial Mixed Use

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
9,000 sqft
Land Size
0.7 acres
Zoning
TCG
Year Built
1974

Property Description

  • 6,000±SF Ground Level Commercial Floor area
  • 3,000±SF (6) 1BD, 1BA | 500 500±SF on the upper levels of the 2 story portions
  • Center has always been 100% occupied since 2003 when purchased by current owner
  • Re-plumbed since purchase in 2003
  • Installed underground water lines from the curb meters to the buildings
  • All apartments renovated in 2005 to present
  • Apartment appliances & mechanicals inspected/maintained quarterly
  • All new A/C systems installed for commercial and residential in March 2023
  • New Metal Roof on both 2 story buildings in 2018
  • Flat roof installed in February 2023
  • Strategically Located
  • Can Not Be Duplicated

Location

Contact

Michael J. Frye, CCIM
Michael J. Frye, CCIM
RE/MAX Realty Group
Office: (239) 489-0444
[email protected]