For Sale – Prime Downtown Cape Coral Opportunity
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.
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.
Property Details
Price:
$2,400,000
MLS #:
A11954204
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Listed Date:
Feb 1, 2026
Total Sq Ft:
8,576
Year Built:
1975
See this Listing
Schools
Interior
Cooling
Central Building A/C, Central Individual A/C
Heating
Central Electric, Central Building A/C, Central Individual A/C
Exterior
Construction Materials
Concrete Block Construction, Stucco
Parking Features
Common, Free Parking, Guest, Shared Parking
Financial
Tax Year
2025
Taxes
$1,592
Map
Community
- Address917 SE 47th Ter Cape Coral FL
- CityCape Coral
- CountyLee County
- Zip Code33904
Market Summary
Current real estate data for Commercial in Cape Coral as of Mar 10, 2026
2
Commercial Listed
63
Avg DOM
$2,100,000
Avg List Price
Property Summary
- 917 SE 47th Ter Cape Coral FL is a Commercial for sale in Cape Coral, FL, 33904. It is listed for $2,400,000
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