862 Lafayette Street Cape Coral, FL 33904

Located in downtown Cape Coral, this two-story commercial building offers a substantial opportunity for various business ventures. The property, previously operated as Paesano's for over 30 years, is situated within the South Cape Zoning District, the C.R.A, and The South Cape Hospitality & Entertainment Area. The listing includes 862 Lafayette St., which comprises the building and some parking, as well as 859 Miramar St. for additional off-street entrance and parking from the south. The building, with over 17,500 square feet, is located one block south of Cape Coral Parkway and one block east of Coronado Parkway. It features six walk-in coolers, three walk-in freezers, two commercial kitchens, a butcher room, and phase-3 power. A significant amount of FFE is available on-premise for potential sale. The property includes multiple restrooms, and the second-floor office has a small balcony overlooking the main shopping area floor, which features a soaring ceiling. The patio seating area includes a kitchen setup and is a large screened area with power shutters. The location is near new apartment complexes, including "The Cove On 47th" with 327 units and "Madison Square" with 82 units. Two upcoming projects, the CRA Project, Bimini Basin East, and a private project, Bimini Square, which will offer 218 additional upscale apartments and a 500-space parking garage, are expected to positively impact the location.