AAtlantic Commercial AdvisorsKW Commercial · South Florida
917 SE 47th Ter, photo 1 of 1
For SaleMLSMixed Use

917 SE 47th Ter, Cape Coral, FL

$2.10M

Listing courtesy of Century 21 Selling Paradise (Christine Blasses). Contact: [email protected].

About this property

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.

Property facts

Sqft
8,576
Year Built
1975
Location
Cape Coral, FL 33904
County
Lee County
Florida risk
FEMA flood zone
Zone AE, special flood hazard area
Base flood elevation
8 ft (NAVD88)
Ground elevation
3.7 ft
Hurricane evacuation zone
Zone A

Sources: FEMA National Flood Hazard Layer (panel 12071C0404G, effective 2022-11-17), USGS 3DEP, Florida Division of Emergency Management. Checked 2026-10-20. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.

Request the OM / rent roll

Offering memorandum, rent roll and financials where the owner releases them. Tell us who you are and Anthony replies, usually within 1 hour.

Is this a 1031 exchange purchase?Buying with 1031 exchange funds?
Ask about this property

Rent roll, cap rate, zoning, tours, off-market alternatives. Leave your email and Anthony replies, usually within 1 hour.

Interested in this property?

Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.

Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.

Listing data last updated Jul 10, 2026, 11:18 PM ET.

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS.