1046/1048/1090 Periwinkle Way Homes For Sale In Sanibel FL 33957 by Hamilton-Franklin Realty 223037280 This is a truly once in a generation opportunity to own Sanibel's iconic Dairy Queen and two surrounding properties. Located near the four-way-stop in a sought-after location with high visibility and great traffic count, this combined offering features three parcels totaling approximately one acre of land and boasting approximately 200 feet of highly desirable Periwinkle frontage. This property features the Dairy Queen restaurant and land including the grandfathered franchise agreement at a very desirable split, a duplex and land behind the restaurant, and a third vacant piece of land adjacent to the west. This popular eatery has been visited by generations of islanders and vacationers alike. Everyone recognizes the Sanibel Dairy Queen, and this reputation is waiting for a new owner and operator. The buildings sustained hurricane damage. This is your opportunity to rebuild a once thriving and iconic island business.

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1046/1048/1090 Periwinkle Way,

Sanibel, Florida FL 33957

$1,650,000 Sold For

0.444 Acres

223037280 Listing ID

This is a truly once in a generation opportunity to own Sanibel's iconic Dairy Queen and two surrounding properties. Located near the four-way-stop in a sought-after location with high visibility and great traffic count, this combined offering features three parcels totaling approximately one acre of land and boasting approximately 200 feet of highly desirable Periwinkle frontage. This property features the Dairy Queen restaurant and land including the grandfathered franchise agreement at a very desirable split, a duplex and land behind the restaurant, and a third vacant piece of land adjacent to the west. This popular eatery has been visited by generations of islanders and vacationers alike. Everyone recognizes the Sanibel Dairy Queen, and this reputation is waiting for a new owner and operator. The buildings sustained hurricane damage. This is your opportunity to rebuild a once thriving and iconic island business.

Status Closed

County Lee

Year Built 1971

Property Type Commercial Sale

Commercial Sale

Property Sub Type Retail

Primary Features

County: Lee

Price Reduction Date: 2023-08-14T12:35:27+00:00

Property Sub Type: Retail

Property Type: Commercial Sale

Year Built: 1971

Interior

Stories Total: 2

External

Lot Size Source: Appraiser

Location

Gulf Access: no

MLS Area Major: SI01 - Sanibel Island

Postal City: SANIBEL

Waterfront Features: None

Additional

Business Type: Other, Restaurant

Mls Status: Closed

Modification Timestamp: 2023-10-23T13:40:49+00:00

Off Market Date: 2023-10-19T00:00:00+00:00

Originating System Name: SWFL

Originating System Sub Name: SWFL_FLORIDAGULFCOAST

Standard Status: Closed

Financial

Contingency: Inspection

Potential Short Sale: N

Tax Annual Amount: 10636.5

Tax Year: 2022

Zoning Info

Listing courtesy of Premier Sotheby's Int'l Realty

The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS (Gulf Coast). Properties listed with brokerage firms other than Hamilton-Franklin are marked with the Southwest Florida MLS Logo and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the Broker Reciprocity Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2024 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. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact Hamilton-Franklin. Data last updated Tuesday, April 16th, 2024 at 06:44:55 PM.

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