1201-1317 Cape Coral Parkway E
Cape Coral, FL, 33904 $ 12,495,000
Bedrooms-- Baths-- Monthly Estimate*
$ 76,934
for $12,495,000. This building was built in 1968 on a lot size of 2.024.
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.
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FeaturesGeneralUtilities ElectricityAvailable
HOA Fee 0.0
Year Built 1968
Property Subtype Retail
Tax Year 2025
Current Use Commercial Retail
Business Type Retail
Waterfront Features None
HOA Fee 2 0.0
Business Name Big John Plaza
County Lee
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
City Cape Coral
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description SC
MLS Area CC12 - Cape Coral Unit 7-15
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 118559.85
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026006691
Standard Status Active
Property Sub Type Additional Retail Commercial
Legal Description CAPE CORAL UNIT 6 PART 1 BLK 64 PB 11 PG 47 LOTS 1 THRU 25
HOA Fee 3 0.0
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ExteriorLot Size Area 2.024
Horses N
Spa N
Irrigation/Water Rights N
Lot Size Acres 2.024
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N N
Covered Spaces 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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* Excluded FeaturesList ByCentury 21 Selling ParadiseBroker
Affordability Calculator
- Monthly Principal & Interest
- $76,934
- Monthly Property Taxes
- $9,880
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Cape Coral, FL
Average List Price $1,906,023
Percent of Sale Price 85%
About Cape Coral, FL 184,744 Population
76% Since 2002
$ 54,021 Median Income
44.67 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/6/2026 | $12,495,000 | | Listed Price |