UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,576 sqft
Price per Sqft $279
Subdivision Cape Coral
MLS Listing ID C7521062
HOA Y/N No
Year Built 1975
Annual Tax Amount $1,592
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x125
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
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.
Location
State FL
County Lee
Community Cape Coral
Area 33904 - Cape Coral
Zoning SC
Interior
Heating Central, Electric
Cooling Central Air, Other
Appliance Refrigerator
Exterior
Parking Features Common, Lighted, Over 30 Spaces
Utilities Available Electricity Available, Phone Available, Water Connected
Building
Lot Description Central Business District
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete,Stucco
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional, Lease Back, Owner Financing, Private Financing Available
Listing Terms Cash, Conventional, Lease Back, Owner Financing, Private Financing Available
Special Listing Condition None
Virtual Tour https://youtu.be/jVA9S1MZhTE
