About this home
RARE OPPORTUNITY to acquire this free-standing, two-story retail building in a superb location along the highly traveled Del Prado Boulevard corridor. Offering approximately 6,062 SF of enclosed building area and approximately 6,720 gross SF, including the covered front entry and rear porch area, the property features approximately 200 feet of Del Prado Boulevard frontage, excellent visibility, prominent signage and generous on-site parking. The roof was replaced in 2023. The building is currently home to the successful Mexico Lindo restaurant, approaching 10 years of operation at this location, together with three established service-retail tenants. The beautifully built-out, approximately 200-person-capacity restaurant features a full-service bar, commercial kitchen, office and storage space. The restaurant furniture, fixtures and equipment to convey with sale, including operating kitchen equipment, Aloha POS system with three terminals and office backup computer, 16-camera security system and exterior dry-storage area. Full liquor license is also intended to convey, subject to applicable transfer requirements. Three additional income-producing suites include a first-floor barber shop and second-floor beauty salon and tattoo studio. Current combined rent is $2,440 per month/$29,280 annually. The leases expire in February 2027, and the tenants have expressed a desire to remain for many years, providing potential continued income for the purchaser. The seller is willing to lease back the restaurant for 3–5 years, with renewal options, subject to terms negotiated with the purchaser. This creates an exceptional opportunity for an investor seeking immediate income while also offering long-term flexibility for an owner-user or future repositioning. Separate suite entrances, a covered second-floor walkway, attractive tenant buildouts, beautifully finished restrooms and substantial improvements further enhance the property’s appeal and value. Offered primarily for the value of the real estate, with the successful restaurant business, full liquor license, furniture, fixtures and equipment included at minimal allocated value. A unique opportunity to own a highly visible, adaptable commercial property on one of Cape Coral’s most established retail corridors. Please do not disturb the operating businesses.
Listing last checked: Listing updated:
Listed by Bev Larson · ERA Lahaina Realty · MLS #2026037376
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Details at a glance
Building2 property facts
- Style
- Retail
- Year built
- 1977
Land & utilities1 property facts
- Lot size
- 0.574 acres
Financial3 property facts
- Annual taxes
- $22,767
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $2,195,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$12,996 / monthAdjust
- Principal & interest
- $11,099
- Property tax
- $1,897
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $22,767. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$928,500 · Sold $928,500 · Mar 4, 2016
- Lsd
· Sold $6,500 · Feb 26, 2016
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About 3724 Del Prado Boulevard S
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