Property Attributes
- MLS#224040536
- TypeCommercial
- CountyLEE
- CityCape Coral
- AreaCC31 - Cape Coral Unit 17 - 31-36
- Zip33990
- StyleRetail
- Year Built1997
- Taxes$ 28884
- Price$ 5,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15075
- Lot Size1.196 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
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.
Price History | |
---|---|
5/13/2024 | Listed $5,000,000 |
General Features
Utilities | Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Trash Collection,Water Available |
---|---|
Year Built | 1997 |
Electric | Single Phase |
Unit Number | 1-10 |
Property SubType | Retail |
Tax Year | 2023 |
Business Type | Other,Restaurant,Retail |
Waterfront Features | None |
County | Lee |
Property Type | Commercial Sale |
Status | Active |
Directions | Interstate 75,take exit 136 heading west on Colonial Blvd. for 11 miles. Turn north on Santa Barbara Blvd. traveling 3 miles turning right on Hancock Bridge Pkwy. Merchants Central Plaza will be on t |
City | CAPE CORAL |
Zoning Description | VILL |
MLS Area | CC31 - Cape Coral Unit 17,31-36 |
Street Name | Hancock Bridge |
Tax Annual Amount | 28884.07 |
Days on Market | 8 |
Standard Status | Active |
Property Sub Type Additional | Retail,Commercial |
PostalCity | CAPE CORAL |
Legal Description | CAPE CORAL UNIT 23 BLK 1095 PB 14 PG 52 LOTS 1-8 + W 32.5 FT LOT 9 + VAC DESC OR 2062/2652 |
Interior Features
Total Stories | 1 |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Street Suffix | Parkway |
Exterior Features
Lot Size Area | 1.196 |
---|---|
Canal Width | None |
Building Area Total | 15075 |
Lot Size Acres | 1.196 |
Lot Size Units | Acres |
Lot Size Source | Appraiser |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool