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1201-1317 Cape Coral Pkwy E

cape coral, FL 33904

$12,495,000

    Interested? Let's Connect

    Big John Plaza, a cornerstone of Cape Coral's commercial landscape, has been a bustling hub of activity
    since its inception in the early 1960s. This long-established shopping center has witnessed the city's
    transformation from a small community to a thriving metropolis, and it has evolved alongside it, maintaining
    its relevance and appeal.
    In 2019, Big John's Plaza underwent a complete renovation, breathing new life into this historic shopping
    center. The renovation was not merely cosmetic; it was a comprehensive overhaul aimed at modernizing the
    plaza while preserving its unique character. The result is a harmonious blend of old-world charm and
    contemporary convenience that appeals to both long-time residents and newcomers alike.
    The renovation included structural improvements, aesthetic upgrades, & functional enhancements. The most
    significant upgrade was perhaps the new roof installed in 2023. This state-of-the-art roofing system not only
    improved the plaza's appearance but also enhanced its durability and energy efficiency.
    Today, Big John Plaza is home to twenty diverse tenants. These include retail stores, restaurants, service
    providers, and professional offices. Many of these businesses have been part of the plaza for years,
    contributing to its vibrant community atmosphere. They offer a wide range of products and services, catering
    to the diverse needs of Cape Coral's residents and visitors. For the most part, the Plaza has had NO
    vacancy or collection loss.
    Despite the changes over the years, Big John Plaza has managed to retain its friendly neighborhood vibe. It
    is more than just a shopping center; it is a gathering place where people come to shop, dine, socialize, and
    create memories. Among other gatherings, it has hosted the annual Christmas Tree Lighting and the annual
    Cape Coral Art Festival, a Rotary sponsored event, both for over forty years. The plaza's welcoming
    ambiance, combined with its convenient location and diverse offerings, make it a favorite destination for
    locals and tourists alike.
    In conclusion, Big John Plaza is not just a shopping center; it's a piece of Cape Coral's history that has been
    lovingly preserved and thoughtfully modernized. Whether you're a long-time resident or a first-time visitor,
    Big John Plaza welcomes you with open arms and promises an experience that is truly Cape Coral. The
    Plaza is valued with it's complete value and not just return on investment. There are endless opportunities
    for this property with the right owner. It could be left as is or has the opportunity to partner with the City and
    be a major redevelopment in the heart of Downtown Cape Coral. The City owns the 87,360 SF parking lot directly to the north of our subject and is interested in partnering with a developer. Their vision is mixed use with multiple levels of parking. A prime opportunity for the right investor. Seller is a licensed Florida Real Estate Broker.

    Details

    2.024 Private Acres Lot Size

    commercial

    $118,560 Annual Tax

    Built in 1968

    MLS/Listing ID 2026006691

    1 Stories

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