917 SE 47th Ter Cape Coral, FL 33904
8,576 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,576 sqft
Price per Sqft $279
MLS Listing ID A11954204
HOA Y/N No
Year Built 1975
Annual Tax Amount $1,592
Tax Year 2025
Lot Size 8,576 Sqft
Property Sub-Type Mixed Use
Property Description
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.
Location
State FL
County Lee
Area 5940 Florida Other
Direction Cape Coral Pkwy E to (N) on SE 9th Pl to (E) on SE 47th Ter to 917
Interior
Heating Central, Electric
Cooling Central Air
Window Features Impact Glass
Exterior
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block,Stucco
Others
Tax ID 07-45-24-C4-00356.0300
Ownership Corporation
Acceptable Financing Cash, Conventional, Owner May Carry, Other
Listing Terms Cash, Conventional, Owner May Carry, Other
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