Overview

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  • Status: Sold
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 7,000 ft2/650.32 m2
  • Price Per: $128.57 ft2/$1,383.93 m2
  • Type: Commercial/Investment
  • Built: 1974
  • HOA: No info
  • MLS Number: 222080712
  • View No info
  • On Site: 408 days
  • Updated: 232 Days Ago
  • Page Views: 1

Reduced, offers wanted on this 4,784 SF building in Cape Coral's downtown CRA district. Multiple purchase options. For an end user its an excellent opportunity to locate your business in Cape Coral's vibrant downtown. An end user could occupy the whole property or rent out one or two units. For an investor this is a rare opportunity to have 3 rental units downtown. Great location for retail, office, or restaurant users. Property had storm damage from Hurricane Ian and is being sold "AS IS" but seller is putting a new roof on the property and all AC units will be in working order. The interior of the building has been cleaned up and the seller is leaving the interior of the property unfinished so the new owner can build out to meet their needs. Currently the only interior improvements are the interior stud walls as they were laid out for the previous single tenant occupant. The property was originally laid out so it could be 3 separate units so an owner occupant could occupy one or two units and rent out the others. There are two rest rooms and we believe that a third restroom was stubbed out but this would need to be verified. The property has a driveway cut on 47TH Terrace and public parking is available in the Big Johns lot across the street.The property also has alley access to the rear.

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Price History

DateEventPriceChange RatePrice Per
06/29/2023Price Reduced$900,000.0024.7%$128.57 ft2/$1,383.93 m2
04/20/2023Price Reduced$1,196,000.007.3%$170.86 ft2/$1,839.09 m2
11/16/2022Listed$1,290,000.00$184.29 ft2/$1,983.64 m2

Features

Property Details for 1407 SE 47th, Cape Coral, FL 33904

Commercial/Investment current status is Sold, 1407 SE 47th is a Commercial/Investment in , Cape Coral, FL 33904 with property MLS ID# 222080712. This Commercial/Investment has been listed on Best of Luxury Realty since April 04, 2023 and is currently priced at 900,000. This property was built in 1974.

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Tracey Schmitt, Broker
Best of Luxury Realty

Tracey Schmitt is the principal Broker for Best of Luxury Realty, a boutique real estate brokerage, serving Miami-Dade, Broward & Palm Beach counties. Her motto is "100% Loyalty, 100% of the Time!" Tracey and her team of real estate professionals are ready to assist whether you are looking to Buy or to Sell, we would like to earn your business!

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