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917 SE 47th Terrace, Cape Coral, FL 33904

Cape Coral, FL, 33904

$2,400,000

0 ba

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About this home

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.

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Listing courtesy of Century 21 Selling Paradise · Christine Blasses

Listing information is provided by BeachesMLS via the Spark Platform. All information is deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information.

Last updated 2026-06-08