Skip to content
Bean Group
Offered at $2,970,000Active
beds
—
baths
—
sq ft
17,564
Built
2002

862 Lafayette Street

Cape Coral, FL 33904

About this home

WITHDRAWN FROM TRADITIONAL MLS OFFERS.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.

Listing last checked: Listing updated:

Listed by Daryl Simms · Cornerstone Coastal Properties · MLS #225058810

Request property information

Select a document to start a request. You can add others in the form. Availability varies.

Details at a glance

Building2 property facts
Style
Office
Year built
2002
Land & utilities1 property facts
Lot size
0.8955 acres
Financial3 property facts
Annual taxes
$22,133
Assessment year
2024
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $2,970,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$16,862 / monthAdjust
Principal & interest
$15,018
Property tax
$1,844
Insurance
Not entered
HOA
$0

Listing annual taxes: $22,133. 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.

Explore more of Cape Coral

Continue your search in Cape Coral.

Need help making sense of this home?

About 862 Lafayette Street

Can I request a private showing?

Request a tour of 862 Lafayette Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.