For Sale - Commercial Mixed Use, 2400 Palm Ridge Road, Sanibel, FL 33957
For Sale - Commercial Mixed Use, 2400 Palm Ridge Road, Sanibel, FL 33957

For Sale - Commercial Mixed Use 2400 Palm Ridge Road, Sanibel, FL 33957

Status: sold
Property Type: Office
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

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