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Susan Larkin

susan.larkin@engelvoelkers.com +1(781) 801-5885

$ 2,400,000

Est. payment -/mo

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Active

917 SE 47th TER Cape Coral, FL 33904

8,576 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,576 sqft

Price per Sqft $279

MLS Listing ID A11954204

HOA Y/N No

Year Built 1975

Annual Tax Amount $1,592

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Mixed Use

Property Description

For Sale – Prime Downtown Cape Coral OpportunityLocated 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.

Location

State FL

County Lee

Area 5940 - Other Florida County

Zoning SC

Interior

Interior Features InteriorFeatures

Heating Central, Electric, Individual

Cooling Central Air

Fireplace No

Exterior

Parking Features Common, Free Parking, Guest

Water Access Desc Public

Road Frontage City Street

Building

Lot Description Central Business District, City Lot, Flood Zone

Dwelling Type Office

Building Description Block,Stucco, Conference Room,Kitchen Facilities,Office,Reception Area,Storage

Story 2

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

Others

Tax ID 074524C4003560300

Acceptable Financing Cash, Conventional, Owner Will Carry, Other

Listing Terms Cash, Conventional, Owner Will Carry, Other

Virtual Tour https://youtu.be/jVA9S1MZhTE

Listed by Christine Blasses Century 21 Selling Paradise

NEARBY SCHOOLS & PROPERTIES

Susan Larkin

Advisor | License ID: SL3570527

+1(781) 801-5885

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