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$4,900,000
Est. payment /mo
15,075 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 15,075 sqft
Price per Sqft $325
MLS Listing ID 224040536
HOA Y/N No
Year Built 1997
Annual Tax Amount $28,884
Tax Year 2023
Lot Size 1.196 Acres
Acres 1.196
Property Sub-Type Retail
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.
Location
State FL
County Lee
Area Cc31 - Cape Coral Unit 17, 31-36,
Rooms
Bedroom Description NaN
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available
Waterfront Description None
Garage No
Building
Story 1
Others
Senior Community No
Tax ID 13-44-23-C1-01095.0010
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Listed by Phil Deems Real Estate • Phil Deems