ActiveMLS# 7b465ef6bf70c8bd871d3e133ed05dd0288 days on market
$2,100,000
$245 / sq ft
917 SE 47th TER
CAPE CORAL, FL, 33904
0Bedrooms
0Bathrooms
8,576Sq Ft
1975Year Built
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About This Property

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.

Key Features

  • 0.143 Acres Lot
  • Built in 1975

Property Details

  • Type: Single Family Home
  • Year Built: 1975
  • Lot Size: 0.143 sq ft
  • Sq Ft: 8,576
  • Price / Sq Ft: $245
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: 0.143 Acres Lot
  • Feature: Built in 1975
  • Status: Active
  • MLS Number: 7b465ef6bf70c8bd871d3e133ed05dd0
  • Days on Market: 288
  • Listed By: Century 21 Selling Paradise · Jack Martin
  • Zip Code: 33904
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$2,100,000917 SE 47th TER, CAPE CORAL, FL
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