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Restaurant Building with Screened Patio
For Sale
$2,699,000

862 Lafayette ST, Cape Coral, FL 33904

Two commercial kitchens, extensive cold storage, and a screened seating area support restaurant operations.

Property Size17,564 SF
Price / SF$153.67
Days on Market489

Property Features for 862 Lafayette ST

General Information

Standard status Active
Size 17,564 SF
Property subtype COMMERCIAL
Zoning SC

Additional Details

Patio Yes

Taxes and HOA fees

Annual Taxes $22,133

Building Details

Building Size 17,564 SF
Year Built 2002
Buildings 1
Stories 2
Listing Agency: Cornerstone Coastal Properties
Listed By: Daryl Simms · License #258026217
Source: Mdmnaplesrealestate
Added: Jun 30, 2025 Changed: Oct 29 Last Checked: Oct 29 at 2:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cornerstone Coastal Properties

Rey
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Investment Insights

Based on property information with market context.

This two-story restaurant property contains 17,564 square feet and was built in 2002. Its food-service infrastructure includes two commercial kitchens, six walk-in coolers, three walk-in freezers, a butcher room, and phase-3 power. Multiple restrooms serve the building, while a second-floor office has a balcony overlooking the main floor. The screened patio area includes a kitchen setup and power shutters. Some parking is included, with an additional off-street entrance and parking from the south via the Miramar Street property.

The property is in downtown Cape Coral, one block south of Cape Coral Parkway and one block east of Coronado Parkway. It is within the South Cape zoning district (SC), the CRA, and the South Cape Hospitality & Entertainment Area.

Key Highlights

  • 17,564‑square‑foot, two‑story restaurant property built in 2002
  • Two commercial kitchens, six walk‑in coolers, three walk‑in freezers, and a butcher room
  • Phase‑3 power and multiple restrooms

Property Analytics

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Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Garden Center Locksmith (Bike/Boat/Book/etc) Store Florist Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,280
Businesses Nearby
203k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 43% Dining 30% Groceries 14% Home Improvements & Furnishings 8%
Winn-Dixie Groceries
28,327 visits/mo 0.3 miles
McDonald's Dining
18,781 visits/mo 0.4 miles
7-Eleven Shops & Services
18,620 visits/mo 0.4 miles
Starbucks Dining
16,098 visits/mo 0.1 miles
Vision Ace Hardware Home Improvements & Furnishings
14,318 visits/mo 0.2 miles

Demographics for 33904, FL

32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two commercial kitchens, extensive cold storage, and a screened seating area support restaurant operations.
Where is this conventional restaurant located?
The property is located at 862 Lafayette ST Cape Coral, FL.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: 17,564‑square‑foot, two‑story restaurant property built in 2002; Two commercial kitchens, six walk‑in coolers, three walk‑in freezers, and a butcher room; Phase‑3 power and multiple restrooms
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