Herald Tribune | July 17, 2017
By John Hielscher, Staff Writer
ANNA MARIA — A retail building on the island sold this month for $1.1 million.
Joe and Laurie Sabath of Chicago bought the property at 314 Pine Ave. that is home to Vinny & Cheryl’s Italian Kitchen and Three Island Monkeys furniture and gift shop.
Built in 1950, the 5,376-square-foot building sits on a 0.4-acre parcel, according to county records.
The new owners financed with a $525,000 loan from Premier Community Bank that can be tapped for up to $1.05 million, records show.
Seller Sandfish LLC, a company headed by Jennifer Fullarton Powell of Christchurch, Dorset, England, bought the property for $880,000 in 2011.
The buyer was represented by Barbara Wong of Michael Saunders & Co. Angela Varga, an adviser with SVN Commercial Advisory Group, represented the seller.
About SVN
SVN Commercial Advisory Group, is a full service commercial real estate brokerage firm. We provide commercial real estate services to large corporations, middle market businesses and individual entrepreneurial investors. We offer advisory services for the sales, leasing, and management of commercial properties locally, regionally and nationally. Our Advisors provide creative solutions in order to help you achieve your goal.
The Advisors at SVN Commercial Advisory Group have a deep understanding and vast experience with a wide variety of aspects of all investment real estate. Our specialized teams can provide competent guidance to you, your clients or your investors. We have brokered, consulted, managed and provided a wide variety of real estate services across the country. We have attracted a strong and powerful team of real estate professionals. Together, we have grown the SVN® brand into a globally recognized establishment that continues to grow and prosper. Our global coverage and amplified outreach drive success for all. We promote properties and share fees to build connections and create wealth together.