917 SE 47TH TER, CAPE CORAL, FL, 33904
$2,400,000
Commercial Sale
|
Lot Size
6,229 Sqft
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For Sale – Prime Downtown Cape Coral Opportunity
Located in the heart of Cape Coral’s vibrant and rapidly growing downtown district, this well-maintained landmark building presents an exceptional opportunity for investors, owner-users, or developers seeking a versatile commercial asset in a high-visibility location.
Offering approximately 8,600 square feet, this two-story concrete building is efficiently designed and 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, making it ideal for events, hospitality, restaurant, or adaptive commercial use. Additional first-floor amenities include a conference room, reception/office area, four restrooms, and ample storage, providing both functionality and flexibility.
The second floor consists of three large classrooms, additional office space, and two restrooms, making it well suited for professional offices, educational facilities, medical or wellness uses, or co-working space. Notably, the second floor can be easily separated from the first floor, as the building offers two separate entrances and two stairways, allowing an owner to occupy one level while leasing the other for supplemental income.
Parking is plentiful with ample spaces available both in the front and rear of the property, a rare and valuable feature in the downtown core.
This solidly constructed building boasts concrete trusses and has seen numerous recent capital improvements, including a new roof (2023), new AC units, impact-resistant glass, and new flooring and ceiling tiles on the second floor, ensuring long-term durability and reduced near-term maintenance costs.
Adding to its appeal, the seller is open to financing options and would also consider a leaseback of a portion of the space, providing immediate income potential for a new owner.
With its prime location, flexible layout, strong construction, and multiple exit strategies, this property offers endless possibilities to bring your vision to life. Opportunities like this in downtown Cape Coral are rare—act quickly.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRC7521062 | Year Built: | 1975 | |
| Appliances: | Refrigerator | Building Features: | Bathrooms, Kitchen Facility, Other, Reception, Seating, Trash Removal | |
| Construction Materials: | Concrete, Stucco | Cooling: | Central Air, Other | |
| Country: | US | County Or Parish: | Lee | |
| Foundation Details: | Slab | Heating: | Central, Electric | |
| Levels: | Two | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional, Lease Back, Owner Financing, Private Financing Available | Lot Features: | Central Business District | |
| Occupant Type: | Owner | Parking Features: | Common, Lighted, Over 30 Spaces | |
| Possession: | Close Of Escrow | Property Sub Type: | Mixed Use | |
| Property Type: | Commercial Sale | Road Frontage Type: | Business District, City Street | |
| Road Responsibility: | Public Maintained Road | Road Surface Type: | Paved | |
| Sewer: | Public Sewer | Showing Requirements: | Call Before Showing | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Electricity Available, Phone Available, Water Connected | |
| Water Source: | Public | |||
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