About this home
MAIN LOCATION!! Downtown Cape Coral on 47th Ter. 5920sf two floor building. Great opportunity for Sky Bar, Restaurant, Bakery, Night Club, Brewery and a lot more opportunities, in the heart of Downtown Cape Coral. Possible to split it in two units with plans ready to go. Unit one is 2,120sf plus 525sf patio right on 47th ter. Unit two is 2,600sf on the first floor, 525sf patio right on 47th ter. and 1,200sf on the second floor. Or you can use all 5,920sf as one business. High visibility with a lot of public parking across the street from Big John's Plaza. The seller is willing to do owner financing for the qualified buyer.
Listing last checked: Listing updated:
Listed by Marjan Rumija · Krise Commercial Group, LLC · MLS #2026038273
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Details at a glance
Building2 property facts
- Style
- Retail
- Year built
- 1975
Land & utilities1 property facts
- Lot size
- 0.153 acres
Financial3 property facts
- Annual taxes
- $15,758
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,350,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,140 / monthAdjust
- Principal & interest
- $6,826
- Property tax
- $1,313
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $15,758. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$1,350,000 · Aug 24, 2026
- Ter
· Mar 18, 2026
- Ter
$1,350,000 · Mar 10, 2026
- Sld
$1,600,000 · Sold $1,150,000 · Nov 12, 2022
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About 1313 SE 47th Terrace
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