Active

155-159 Hancock Bridge PKWY 1-10

Cape Coral FL, 33990

$4,900,000


$325.04 per sqft

Active

15,075 sqft

Commercial

Built in 1997

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.

224040536

MLS ID

May 12, 2024

Listed

November 25, 2024

Updated

Map

155-159 Hancock Bridge PKWY 1-10
Cape Coral FL, 33990

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Heating

Yes

Exterior/Building Features

Lot Size

1.2 Acres

Other Property Details

Area Name

CC31 - Cape Coral Unit 17,31-36,


Taxes

$28,884


Tax Frequency

Annually


Days on Market

183


Garage

No


View

No


County

Lee


Pool

No

Listing History

Date

Event

Price

11/11/2024

Price change

$4,900,000

-2%

Listed by Phil Deems, Phil Deems Real Estate

Listing Contact: 239-945-4540 

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Data last updated 6:42 PM UTC, 11/25/2024

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