For Sale Commercial MLS# 225058810

862 Lafayette ST

CAPE CORAL, FL 33904

$2,970,000

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About 862 Lafayette ST

WITHDRAWN FROM TRADITIONAL MLS OFFERS. TRANSITIONED TO AUCTION PLATFORM. MAKE YOUR BID. SELLERS READY TO MEET MARKET PRICE. DOWNTOWN CAPE CORAL! Fantastic opportunity for a business to make this solid building of over 17,500 sq ft a great operation. This building thrived as Paesano's for over 30 years, owners are ready for their next chapter. This 2 story property is within the highly beneficial (SC) South Cape Zoning District, the C.R.A and The South Cape Hospitality & Entertainment Area. This listing includes both 862 Lafayette St. (the building and some parking) and for an additional off-street entrance from the south and parking, 859 Miramar St. Located 1 block south of Cape Coral Parkway and 1 block east of Coronado Parkway. The building has 6 walk-in in coolers and 3 walk-in freezers, 2 commercial kitchens and a butcher room and phase-3 power. A great deal of FFE are on premise for consideration of sale. Multiple restrooms. The 2nd floor office has a small balcony overlooking main shopping area floor that has the soaring ceiling. The "patio seating" has one of the kitchen setup. It is a large screened area with power shutters. Use your imagination...this location could be profitable with a number of different businesses because of the square footage, location and parking. Key* The New Apartment Complexes One Block Away, "The Cove On 47th" On Cape Coral Parkway Has 327 Units And "Madison Square" On Miramar Has 82 Units - OVER 400 NEW UNITS! Also, 2 other big projects about to begin which will bring additional positive impact to this location, the CRA Project, Bimini Basin East and a private project Bimini Square which offers 218 additional upscale apartments and a 500-space parking garage all within easy walking distance.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
2002
Stories
2
Living area
17,564 sqft
Price / sqft
$169
Lot
0.8955
Original price
$3,850,000
MLS #
225058810

Exterior & lot

Features
Parking spaces: 50
Construction
2
Lot
SC, CAPE CORAL UNIT 6 PT.3 BLK.52 PB 11 PG 77 LOTS 55 THRU 62 and CAPE CORAL UNIT 6 PART 3 BLK.52 PB 11 PG 77 LOTS 36 THRU 39, 18-45-24-C1-00052.0590

Schools

District
Lee County School District

Utilities

Utilities
Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Electricity on Property

Financial

Financial
Florida Gulf Coast
Annual tax
$22,133
Tax year
2024
Parcel
18-45-24-C1-00052.0590
Legal
CAPE CORAL UNIT 6 PT.3 BLK.52 PB 11 PG 77 LOTS 55 THRU 62 and CAPE CORAL UNIT 6 PART 3 BLK.52 PB 11 PG 77 LOTS 36 THRU 39

Location

County
Lee
Neighborhood
Downtown Cape Coral
Community
Lee, Florida Gulf Coast

Location

Neighborhood
Downtown Cape Coral
School district
Lee County School District

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Listed by Daryl Simms, Cornerstone Coastal Properties

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.