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917 47th Terrace, CAPE CORAL, FL 33904
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917 47th Terrace
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Priced at Only: $2,400,000
For more Information Call:
Address: 917 47th Terrace, CAPE CORAL, FL 33904
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  • MLS#: C7521062 ( Commercial Sale )
  • Street Address: 917 47th Terrace
  • Viewed: 9
  • Price: $2,400,000
  • Price sqft: $280
  • Waterfront: No
  • Year Built: 1975
  • Bldg sqft: 8576
  • Days On Market: 4
  • Additional Information
  • Geolocation: 26.564 / -81.9532
  • County: LEE
  • City: CAPE CORAL
  • Zipcode: 33904
  • Subdivision: Cape Coral
  • Provided by: CENTURY 21 SELLING PARADISE
  • Contact: Christine Blasses
  • 239-542-5777
  • mfrmls
  • DMCA Notice
  • Description
    For Sale Prime Downtown Cape Coral Opportunity Located in the heart of Cape Corals 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 rareact quickly.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Central Business District
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Common, Lighted, Over 30 Spaces
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Other
  • Heating: Central, Electric
  • Road Frontage Type: Business District, City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Refrigerator
  • Country: US
  • Legal Description: CAPE CORAL UNIT 8 BLK 356 PB 13 PG 3 LOTS 30 + 31
  • Levels: Two
  • Area Major: 33904 - Cape Coral
  • Occupant Type: Owner
  • Parcel Number: 07-45-24-C4-00356.0300
  • Possession: Close Of Escrow
  • Zoning Code: SC
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For Sale Prime Downtown Cape Coral Opportunity Located in the heart of Cape Corals vibrant and rapidly growing downtown district, this well maintained landmark building presents an exceptional opp

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  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com