

For Sale - Commercial Mixed Use 2400 Palm Ridge Road, Sanibel, FL 33957
Status:
sold
Property Type:
Office
Shopping Center / Retail
Shopping Center / Retail
Year Built:
1974
Building Size:
9,000 SF
Land Size:
30492 SF
Price:
$2,350,000
Zoning:
TCG
Michael Frye, CCIM|CEO
mfrye@remax.net
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
Full Address: 2400 Palm Ridge Road, Sanibel, FL 33957
Listing Type: FOR SALE
Status: Sold
Zoning: TCG
Region: S-SE
County: Lee County
Property ID: 865525
Building Sf: 9000
Year Built: 1974