Commercial Sale Active
917 SE 47th Ter, Cape Coral FL 33904
  • $2,400,000

Overview

MLS ID: A11954204

Description

For Sale – Prime Downtown Cape Coral Opportunity

Located in the heart of Cape Coral’s vibrant and rapidly growing downtown entertainment district, this well-maintained landmark building offers an exceptional opportunity for investors, owner-users, or developers seeking a high-visibility commercial asset. The approximately 8,600 sq ft, two-story concrete building is thoughtfully configured to support a wide range of uses.

The first floor is currently operated as a banquet hall and features a full commercial kitchen with pantry, conference room, reception/office area, four restrooms, and ample storage—ideal for events, hospitality, restaurant, or adaptive commercial use. The second floor includes three large classrooms, additional office space, and two restrooms, making it well suited for professional offices, education, medical, wellness, or co-working space.

The building offers two separate entrances and stairways, allowing the floors to be easily separated—perfect for an owner to occupy one level while leasing the other. Ample front and rear parking is a rare downtown advantage.

Recent capital improvements include a new roof (2023), new AC units, impact-resistant glass, and new flooring and ceiling tiles on the second floor. The seller may consider financing options and a partial leaseback, offering immediate income potential. Prime location, flexible layout, and strong construction make this a rare downtown Cape Coral opportunity.

Details

Updated on February 2, 2026 at 12:55 pm
  • MLS ID A11954204
  • Price $2,400,000
  • Year Built 1975
  • Property Type Mixed Use
  • Property Status Commercial Sale

Additional details

  • MLS Status Active
  • Total Building Area 8576
  • Building Area Units Square Feet
  • Cooling Central Building A/C, Central Individual A/C
  • Heating Central Electric, Central Building A/C, Central Individual A/C
  • Window Features Complete Impact Glass
  • Parking Features Common, Free Parking, Guest, Shared Parking
  • Building Features Automobile Traffic, Kitchen Facilities, Lobby, Meeting Rooms, Office, Reception Area, Separate Office Area, Storage
  • Construction Materials Concrete Block Construction, Stucco
  • Stories 2
  • Lot Features Central Business District, City Location, Location In A Flood Zone
  • Lot Size Square Feet 8576
  • Road Frontage Type City Street
  • BusinessType Office Space, Special Purpose
  • Sewer Public Sanitation
  • Water Source Public
  • Zoning SC
  • Tax Annual Amount 1592
  • Tax Year 2025
  • Days On Market 0

Address

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  • Address: 47th Ter
  • City: Cape Coral
  • State/county: Lee County
  • Zip/Postal Code: 33904

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