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