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17,564 sqft

$2,970,000

862 Lafayette ST, CAPE CORAL FL, 33904

Price per sqft$169.10
Built in2002
Property size17,564 sqft
Property typeCommercial
Courtesy of Daryl Simms, Cornerstone Coastal Properties, (239) 202-1801

Overview

Active

Listed Jun 30, 2025

Updated 4 weeks ago

WITHDRAWN FROM TRADITIONAL MLS OFFERS.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.

Additional information

MLS® ID
225058810

Interior Features

Basement
No

Exterior Features

Lot Size
0.9 Acres

Other Property Details

Taxes
$22,133
Tax Frequency
Annually
Association Fee Frequency
Yearly
55+/Senior Community
No
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The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 8/26/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 2:43 AM UTC, 8/26/2026

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