15,075 sqft

$4,500,000

155-159 Hancock Bridge PKWY # 10 Unit: 1-10, CAPE CORAL FL, 33990

Price per sqft$298.51

Built in1997

Property size15,075 sqft

Property typeCommercial

Courtesy of Phil Deems, Phil Deems Real Estate, (239) 945-4540

Overview

Sold

Listed May 12, 2024

Updated Jun 3

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.

Additional information

MLS^® ID: 224040536

Interior Features

Basement: No

Exterior Features

Lot Size: 1.2 Acres

Other Property Details

Taxes: $28,884
Tax Frequency: Annually
Association Fee Frequency: Yearly
55+/Senior Community: No

The IDX display contains information sourced from the Naples Area Board of REALTORS^® as of 6/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated 6:14 PM UTC, 6/3/2026