Positioned along one of Sanibel Island’s primary commercial corridors, Building/Unit #2 at 1149 Periwinkle Way presents a rare opportunity to acquire a standalone commercial condominium within one of the island’s most recognizable professional business complexes. Conveniently located just minutes from the Sanibel Causeway, the property offers exceptional accessibility, visibility, and a highly desirable central island location.
The subject condominium association is situated on approximately 0.82 acres and consists of three freestanding commercial condominium buildings that share common areas, parking, and tropical landscaped grounds. This Building offers a unique three-level configuration totaling approximately 4,521 square feet, including ground-level garage/storage space, main-level commercial space, and an upper-level live-work unit.
The first floor provides over 1,500 SF of enclosed storage/two-car garage, offering valuable functionality for an owner-user or tenant needing secure storage or inventory space. The second floor currently serves as the primary commercial space and includes multiple ingress/egress points, creating potential flexibility to separate the floor into two or three individual units. Currently has 8+ rooms, with four of them containing sinks. This configuration may allow for a partial owner-occupancy with income-producing leased space, or a multi-tenant investment strategy.
The third floor is currently configured as a live-work unit, featuring its own entrance, two full bathrooms, and kitchen area. This upper-level space provides additional flexibility for residential occupancy, live-work arrangement, or various other commercial uses; subject to applicable condominium and municipal use approvals.
Previously occupied by professional office and service-oriented users, the property is well suited for an owner-user, investor, professional office, creative studio, boutique retail concept, island-based service business, or a variety of other commercial users seeking a distinctive Sanibel presence. The elevated construction, recent renovations, elevator access, on-site parking, and well-maintained condition provide a functional and attractive opportunity for immediate occupancy.
Building/Unit #2 is part of the 1149 Periwinkle Commercial Condominium, a distinctive Olde Florida-style business complex consisting of three freestanding commercial buildings connected by elevated walkways and surrounded by mature tropical landscaping. This property creates a professional yet uniquely island-inspired business environment that is difficult to replicate within the Sanibel market!
