FL
Lee
Sanibel
33957
2440 Palm Ridge Road
2440 Palm Ridge Road, Sanibel, FL 33957
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Listing Type
Commercial/Industrial
Listing Status
Active
19
$2,700,000

Home Details for 2440 Palm Ridge Road

Price
$2,700,000
Type
Commercial Sale
Year built
1980
Lot size acres
0.632
County
Lee
Days on site
199
MLS Listing#
2026002508
Property Description

Income-producing two-story commercial building in the heart of Sanibel’s Central Business District, offering 175 feet of prime Palm Ridge Road frontage and outstanding visibility. Zoned Town Center Limited, the preferred location for retail and mixed-use opportunities, and is designated G (Altered Lands) under the City of Sanibel Comprehensive Land Use Plan. The fully leased first floor provides immediate, stable cash flow, while each level offers 4,066 square feet of space. Constructed with steel-reinforced concrete slab and concrete stem wall footings for long-term durability and low maintenance. The second floor presents future residential potential, with architectural plans already prepared and subject to City approval—creating meaningful value-add and additional income upside. A strategic opportunity to secure high-visibility Sanibel commercial real estate with both current performance and long-term growth potential. Building currently being repainted & doors replaced on second floor.

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Property Features
  • Waterfront and Water Access
    • Lake
Listing Courtesy: Pfeifer Realty Group LLC - 239-472-0004
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Royal Palm Coast Realtor Association.
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