155-159 Hancock Bridge Parkway Unit 1-10

Cape Coral, FL 33990

$4,900,000
( $100,000 on 11/11)
Closed
Listed: May 12, 2024
MLS#: 224040536

Property Description

Centrally located in Cape Coral, Florida and in the hub of the Pine Island Road Commercial Corridor, this multi-tenant retail plaza is currently leased to an attractive mix of business'. "Merchants Central Plaza" consists of 10 units and measures 330' X 45' or 15,075 sf with Bridgestone Tires d/b/a Tires Plus as the anchor. Other tenants include a pizzeria, nail salon, tobacco retail store, massage, flower shop and an arcade. As of 2023, this plaza had a new roof installed with new gutters and soffits, new soffit lights, 9 new HVAC rooftop units, 4 new concrete parking lot poles with LED heads, new 75" clock in the front facing facade, new pylon sign, lawn sprinklers, fresh paint, resealed and striped drives and alleyway. This plaza is located in the geographical center of Cape Coral and in the path of continued growth as described by City Hall, with well over $320,000,000 worth of commercial developments in the pipeline.

Key Details

Price
4,900,000
Year Built
1997
Lot Size
1.196 Acres
Property Type
CommercialSale
Property Subtype
Retail
County
Lee
Cooling
Yes
Heating
Yes
Taxes (Annual)
$28,884.07 (Year: 2023)

Location

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Listing courtesy of: Phil Deems, Phil Deems Real Estate
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