8,576 sqft
$2,100,000
917 SE 47th TER, Cape Coral FL, 33904
Price per sqft$244.87
Built in1975
Property size8,576 sqft
Property typeCommercial
Overview
Active
Listed Jan 30, 2026
Updated Aug 3
For Sale – Prime Downtown Cape Coral Opportunity
Located in the heart of Cape Corals 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.
Other Property Details
- Taxes
- $1,592
- Tax Frequency
- Annually
- Secondary Association Fee
- Not Listed
Listed by Jack Martin, Century 21 Selling Paradise
Listing Contact: 239-707-9015
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Adolfo Diaz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 4:31 AM UTC, 8/3/2026