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CAPE CORAL, FL 33904 917 SE 47TH TERRACE

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Presented By: CENTURY 21 SELLING PARADISE with 239-542-5777. - 239-542-5777
  • MLS# C7521062
  • 01/31/2026
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  • SQFT • 8,576

Home Details

For Sale – Prime Downtown Cape Coral Opportunity Located 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.
Presented By: CENTURY 21 SELLING PARADISE with 239-542-5777. - 239-542-5777

Interior Features for 917 SE 47TH TERRACE

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 917 SE 47TH TERRACE

Additional Parcels Y/NNo
AppliancesRefrigerator
Building Area UnitsSquare Feet
Building FeaturesBathrooms, Kitchen Facility, Other, Reception, Seating, Trash Removal
CityCAPE CORAL
Construction MaterialsConcrete, Stucco
CoolingCentral Air, Other
CountyLee
DirectionsFrom 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.
Flood Zone CodeAE
HeatingCentral, Electric
Legal DescriptionCAPE CORAL UNIT 8 BLK 356 PB 13 PG 3 LOTS 30 + 31
LevelsTwo
Listing TermsCash, Conventional, Lease Back, Owner May Carry, Private Financing Available
Living Area UnitsSquare Feet
Lot Size Square Feet6229
Lot Size UnitsSquare Feet
MLS Area33904 - Cape Coral
New ConstructionNo
Occupancy TypeOwner
OwnershipCorporation
PossessionClose Of Escrow
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCAPE CORAL
Tax Annual Amount1592.47
Tax Lot30
Tax Year2025
UtilitiesElectricity Available, Phone Available, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1975
ZoningSC

Exterior for 917 SE 47TH TERRACE

Building Area Total8576
Foundation DetailsSlab
Lot Dimensions50 x 125
Lot FeaturesCentral Business District
Lot Size Acres0.14
Lot Size Area6229
Number of Buildings1
Parking FeaturesCommon, Lighted, Over 30 Spaces
Road Frontage TypeBusiness District, City Street
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Silcock

Broker Owner
Price $2,400,000
MLS#C7521062
List Date 01/31/2026
Property Type Commercial
Phone 407.574.0218
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