$3,490,000

862 Lafayette Street, Cape Coral, FL 33904

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$3,490,000

(360,000) 12/01/2025

862 Lafayette Street Cape Coral, FL 33904

For Sale MLS# 225058810

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Data current as of 17/12/2025 00:00:49

Details for 862 Lafayette Street

MLS# 225058810

Description for 862 Lafayette Street, Cape Coral, FL, 33904


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 kitchens with pizza ovens, gas stoves, fryers and more. 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.

Listing Information


Property Type: Commercial Sale

Status: Active

Lot Size: 0.90 Acres

Year Built: 2002

Stories: 2 Story

Current Use: Commercial,Industrial,Mixed Use,Office,Retail

County: Lee

Days On Market: 163

Construction Status: Resale

Utilities


Other Utilities: Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Trash Collection,Water Available

Exterior / Lot Features


Zoning: SC

Community Features


Security Features: Fire Sprinkler System

Driving Directions


Cape Coral, 1 block south of Cape Coral Parkway, 1 block east of Coronado Parkway.

Financial Considerations


Tax/Property ID: 18-45-24-C1-00052.0590

Tax Amount: 22133.49

Tax Year: 2024

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
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Tax Summary

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Schools nearby 862 Lafayette Street

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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