862 Lafayette Street $2,970,000

WITHDRAWN FROM TRADITIONAL MLS OFFERS.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.
General Amenities
  • None
    Lot Acres
    0.90
    Year Built
    2002
    Virtual Tour
    862 Lafayette Street
    Cape Coral, Florida 33904
    United States
    County: Lee
    Sale Type: For Sale
    Ref #: 225058810
    Last Updated: Tuesday, 25 August 2026 10:22
    Listed by Cornerstone Coastal Properties
    Lot Acres
    0.90
    Year Built
    2002
    REO
    Yes
    Lot Acres
    0.90
    Year Built
    2002
    Virtual Tour
    862 Lafayette Street
    Cape Coral, Florida 33904
    United States
    County: Lee
    Sale Type: For Sale
    Ref #: 225058810
    Last Updated: Tuesday, 25 August 2026 10:22
    Listed by Cornerstone Coastal Properties