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

FOR SALE - Active
$4,900,000
$5,000,000 (2.0%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 15,075 ft2/1,400.51 m2
  • Price Per: $325.04 ft2/$3,498.72 m2
  • Type: Commercial/Investment
  • Built: 1997
  • HOA: No info
  • MLS Number: 224040536
  • View No info
  • On Site: 226 days
  • Updated: Listing Refreshed: 43 Days Ago

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

DateEventPriceChange RatePrice Per
11/11/2024Price Reduced$4,900,000.002.0%$325.04 ft2/$3,498.72 m2
05/12/2024Listed$5,000,000.00$331.67 ft2/$3,570.12 m2

Contact Information

Luis Venegas
Real Estate Advisor
Specialties:
Luxury Communities, Waterfront Single Family Homes
Contact Advisor
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