Address
155-159 Hancock Bridge Parkway # 1-10, Cape Coral, FL
Price
$ 5,000,000
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

Property vs Commercial Average in 33990

Price
AVG $3.23M
$5M
Taxes
AVG $19,624
$28,884
Visits
AVG 80
17
Data Provided by Inside Real Estate®
Year Built
AVG 1988
1997

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