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$2,400,000

917 SE 47th Terrace Cape Coral, FL 33904 Commercial - Active

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Description

For Sale - Prime Downtown Cape Coral OpportunityLocated 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 Highlights

Property Type: Commercial -
Cooling: Central Air, Other
Heating: Central, Electric
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $1,592
Year Built: 1975

General Information

County: Lee
Subdivision: CAPE CORAL
Listed By:
Christine Blasses CENTURY 21 SELLING PARADISE 239-542-5777

Property Features

Appliances: Refrigerator
Building: Bathrooms, Kitchen Facility, Other, Reception, Seating, Trash Removal
Days on Site: 60
Directions: From the intersection of Cape Coral Pkwy E and Santa Barbara Blvd S, Travel East on Cape Coral Pkwy E. Turn Left on SE 9th Pl. Turn Right on SE 47th Ter to 917 SE 47th Ter.
Exterior: Concrete, Stucco
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Lease Back, Owner Financing, Private Financing Available
Lot: Central Business District
Lot Dimensions: 0.14
Ownership: Corporation
Parking: Common, Lighted, Over 30 Spaces
Parking Notes: Common, Lighted, Over 30 Spaces
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Sale Includes: Building(s) and Land, Furniture/Fixtures, Other
Sewer: Public Sewer
Showing Instructions: Call Before Showing
Special Sale Provisions: None
Utilities: Electricity Available, Phone Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: SC
$2,400,000
Active
BEDS0 BATHS SQUARE FEET8,576 MLS#C7521062
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONCAPE CORAL

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