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Downtown Cape Coral Two-Story Building

1313 SE 47th Ter, Cape Coral, FL 33904

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For Sale

$1,350,000

Two-story, 5920 SF building in downtown Cape Coral.

Type:Commercial

Property size:

5,920 SF

Price / SF:

$228/SF

HighLights

Prime Downtown Cape Coral location on 47th Terrace.
Large 5,920 sq ft two‑story building suitable for various businesses.
Divisible into two separate units with existing plans.
High visibility with ample public parking across the street.
Two patios of 525 sq ft each, located directly on 47th Terrace.
Owner financing available for qualified buyers.

We can help!

Listing Contact

Marjan Rumija

Learn more

For Sale

$1,350,000

Two-story, 5920 SF building in downtown Cape Coral.

Type:Commercial

Property size:

5,920 SF

Price / SF:

$228/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 3:22 pm

Property Features for 1313 SE 47th Ter

General Information

Standard status: Active
Size: 5,920 SF
Property subtype: Commercial

Building Details

Year Built: 1975

We can help!

Listing Contact

Marjan Rumija

Listing agent Marjan Rumija License #258025749

Listing office Krise Commercial Group, LLC

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Krise Commercial Group, LLC

HighLights

Prime Downtown Cape Coral location on 47th Terrace.
Large 5,920 sq ft two‑story building suitable for various businesses.
Divisible into two separate units with existing plans.
High visibility with ample public parking across the street.
Two patios of 525 sq ft each, located directly on 47th Terrace.
Owner financing available for qualified buyers.

Overview

Located in downtown Cape Coral on 47th Terrace, this two-story building offers 5920 square feet of space. The property presents opportunities for various businesses, including a sky bar, restaurant, bakery, night club, or brewery. The building can be divided into two units. Unit one features 2,120 square feet with a 525-square-foot patio on 47th Terrace. Unit two includes 2,600 square feet on the first floor, a 525-square-foot patio on 47th Terrace, and 1,200 square feet on the second floor. Alternatively, the entire 5,920 square feet can be utilized as a single business. The property benefits from high visibility and is located across the street from Big John's Plaza, with ample public parking available.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$127.9k	$21.60
− Vacancy	−$2.6k	−$0.43
EGI	$125.3k	$21.17
− OpEx	−$31.3k	−$5.29
NOI	$94.0k	$15.88

5,920 SF · lease $21.60/SF/yr · vacancy 2.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.34M

$1.17M – $1.57M (±1% cap)

NOI $93,986 @ 7.0% cap · market cap 6.96%

Second Best

Retail

$1.28M

$1.12M – $1.49M (±1% cap)

NOI $89,273 @ 7.0% cap · market cap 6.61%

Theoretical Best

Office A

$1.54M

$1.34M – $1.79M (±1% cap)

NOI $107,526 @ 7.0% cap · market cap 7.96%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Senior Medicare Insurance ... Community Center

Suggested Use

Location Insight

Map
Local Demand

City: Cape Coral
County: Lee
State: Florida
Longitude: -81.948227
Latitude: 26.563978

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For sale
Storefront properties
FL
Cape Coral
33904
1313 SE 47th Ter

What type of property is this?

Storefront property - Two-story, 5920 SF building in downtown Cape Coral.

Where is this storefront property located?

The property is located at 1313 SE 47th Ter Cape Coral, FL.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Prime Downtown Cape Coral location on 47th Terrace.; Large 5,920 sq ft two‑story building suitable for various businesses.; Divisible into two separate units with existing plans.