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EXECUTIVE SUMMARY
Prime commercial redevelopment opportunity located on the corner of Riverside Drive and West Terry Street in Bonita Springs, Florida, just blocks from Downtown Bonita Springs and within the Old US-41 Corridor Redevelopment Master Plan. This 0.69-acre commercial parcel offers approximately 200 linear feet of frontage along West Terry Street, providing excellent visibility, access, and exposure. The property is fenced and improved with existing commercial structures, including a restaurant currently operating on a month-to-month basis, allowing for immediate income while planning future redevelopment or repositioning. The site is zoned Redevelopment 3A, offering flexible development potential for a wide range of commercial and mixed-use concepts. Permitted and potential uses may include retail storefronts, restaurant and café concepts, professional or medical offices, service-oriented businesses, or a mixed-use commercial project, subject to local approvals. The property’s strategic location places it in close proximity to Downtown Bonita Springs, major commuter routes, and the ongoing revitalization of the Old US-41 corridor, an area targeted for long-term economic growth and urban renewal. The corner configuration and substantial frontage support strong traffic exposure and future project visibility. Utilities are available, and the property is not subject to FIRPTA. Sale includes land and existing buildings. No waterfront or gulf access. Tax information available. Existing improvements provide flexibility for redevelopment, expansion, or phased development. This offering presents an opportunity to acquire a well-located commercial parcel with current income, redevelopment zoning, and long-term upside in one of Bonita Springs’ most promising growth corridors.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
2,129 SF
Building Class
C
Year Built
1973
Price
$1,750,000
Price Per SF
$821.98
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.69 AC
Zoning
TFC2 - Two-Family Conservation
Parking
10 Spaces (4.7 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Storage Space
- Smoke Detector
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 26-47-25-B4-0020G.0100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $333,521 |
PROPERTY TAXES
Parcel Number
26-47-25-B4-0020G.0100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$333,521
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10401 W Terry St
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