917 SE 47th Ter - Storefront Retail/Office FOR SALE


Cape Coral, FL 33904- Caloosahatchee
$2,400,000 USD
239-707-9015
917 SE 47th Ter, Cape Coral, FL for Sale
$2,400,000 USD
Storefront Retail/Office - FOR SALE
1/47
null | Request Cap Rate

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917 SE 47th Ter
Cape Coral, FL 33904
Caloosahatchee


HIGHLIGHTS

  • Excellent Visibility, Recent Capital Improvements, Abundant Parking, Seller Financing

OVERVIEW

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. Check out the VIRTUAL TOUR here https://www.youtube.com/watch?v=dXUD16xypyU

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Cape Coral Sail & Power Squadron

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

SC

APN/PARCEL ID

07-45-24-C4-00356.0300

ASK ABOUT THIS PROPERTY

Jack MartinC 21 Selling ParadiseMore Info
239-707-9015

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Jack MartinC 21 Selling ParadiseMore Info
239-707-9015

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.