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$2,400,000
88 Days On Site

917 SE 47TH TERRACE
CAPE CORAL, FL 33904

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
8,576
SqFt
$280
/SqFt
1975
Built
Subdivision:
CAPE CORAL
County:
Lee
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917 SE 47TH TERRACE917 SE 47TH TERRACE917 SE 47TH TERRACE917 SE 47TH TERRACE
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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.

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Listing Snapshot
Price 
$2,400,000
Days On Site 
88 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,576 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1975
MLS® Number 
C7521062
Status 
Active
Property Tax 
$1,592.47
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.14
Building Features 
BathroomsKitchen FacilityOtherReceptionSeatingTrash Removal
Foundation 
Slab
Levels 
Two
Number Of Stories 
2
Parking 
CommonLighted
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
SqFt Total 
8576
Utilities 
Electricity AvailablePhone AvailableWater Connected
Water Source 
Public
Zoning 
SC
Interior Features
Appliances 
Refrigerator
Cooling 
Central AirOther
Heating 
CentralElectric
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Exterior Features
Construction Details 
ConcreteStucco
Road Frontage 
City Street
Community Features
Financing Terms Available 
CashConventionalLease BackPrivate Financing Available
MLS Area 
33904 - Cape Coral
Roads 
Paved
Township 
45
Listing courtesy of CENTURY 21 SELLING PARADISE (248) 444-6481



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-05-01 02:51 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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