Commercial Sale · Mixed Use
917 SE 47th Ter, Cape Coral FL 33904, CAPE CORAL, FL, 33904
Active199 days on marketListed Feb 1, 2026MLS #A11954204
About this property
The property at a glance
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.
8,576
Building sq ft
$245
Price / sq ft
8,576
Lot sq ft
1975
Year built
SC
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$9,736/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Cindy to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,423
Population
$41,973
Median income
44
Median age
2
Avg household
$206,786
Median home value
$1,382/mo
Median rent
107
Households w/ kids
Consumer profile
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Recent sales
What actually sold near 917 SE 47th Ter
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,350
Nearby listing
Sold Sep 15, 2024
$147,000
1314 CAPE CORAL PARKWAY E UNIT 207
830 sqft · $177/sqft · Sold Aug 26, 2024
$900,000
15630 MCGREGOR BOULEVARD
6,400 sqft · $141/sqft · Sold Jul 2, 2025
Your team
The pros in your corner
Your agent
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 917 SE 47th Ter — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 917 SE 47th Ter.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked.
Listing courtesy of Century 21 Selling Paradise. MLS #A11954204.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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