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FOR SALE or LEASE 3120-3131 E Riverside Dr 24,700 SF Vacant Flex Building Fort Myers, FL 33916 $3,495,000 ($141.50/SF)
Investment Highlights
- Riverfront Income Property with High-Rise Development Upside | Adjacent to New City Boat Ramp
- Property is completely fenced-in with security lighting and electronic security coded gate access
- New Firestone TPO roof with remaining multi-year warranty on main waterfront office sections
- Property is previously approved for PUD high-rise development by the City.
- New highly efficient HVACs; high efficient LED lighting; high speed Wi-Fi with installed Google NEST
- New 175mph hurricane resistant windows surrounding the entire back offices with lifetime warranty
Executive Summary
In addition to strong in-place and pro-forma income, the site has prior high-rise PUD history (reapplication required) and is well suited for a hold-and-carry redevelopment strategy, allowing rental income to offset carrying costs while pursuing future condominium or mixed-use development.
Parking / Land Upside Additional Land Value – A nearly ½-acre portion of the property can be developed with no zoning changes to RM16 or up to 7 units as-is or utilized short- or long-term as a 24–32 space surface parking lot, supporting the new City boat ramp, tenants, or future development, with potential for meaningful supplemental income.
Price For Lease: $15.00 PSF + $5.00 CAM
Property Facts
| Price | $3,495,000 | Lot Size | 1.46 AC |
| Price Per SF | $141.50 | Rentable Building Area | 24,700 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built/Renovated | 1951/2017 |
| Property Subtype | Flex Research & Development | Parking Ratio | 2.55/1,000 SF |
| Building Class | A | Clear Ceiling Height | 10’ |
| Zoning | CG - CG, Commercial General-CITY OF FORT MYERS; Vacant lot RM-16 | ||
| Price | $3,495,000 |
| Price Per SF | $141.50 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | A |
| Lot Size | 1.46 AC |
| Rentable Building Area | 24,700 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1951/2017 |
| Parking Ratio | 2.55/1,000 SF |
| Clear Ceiling Height | 10’ |
| Zoning | CG - CG, Commercial General-CITY OF FORT MYERS; Vacant lot RM-16 |
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Waterfront
- Wheelchair Accessible
- Reception
- Car Charging Station
- Air Conditioning
Utilities
- Lighting
- Water - City
- Sewer - City
- Heating - Electric
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
7,875 SF Total Includes: • 7,500 SF warehouse • 375 SF office + bathroom/kitchen build-out or lease add • Two loading docks • Ample on-site parking Discounts Available For: - 5-year terms with larger space commitments
Up to 10,500 SF Total Includes: • 7,500 SF warehouse • 2,000 SF workspace under A/C • 1,000 SF office suite (5 offices) • Three Loading Docks • Ample on-site parking as noted Discounts Available For: - 5-year terms with larger space commitments
1,945 SF – 9,200 SF Includes: • Class “A” Office Space with magnificent views of the Caloosahatchee River • 820 SF Common Area includes Covered Entry, Large Professional Reception Area, Men’s Room, Ladies Room, and Electrical/Telecom Closet
Waterfront industrial elevated warehouse space with loading docks and high-power electrical service, located along the Caloosahatchee River in Fort Myers. The space offers functional distribution capability with unique river access and the potential for additional conditioned office build-out. PROPERTY DESCRIPTION • 3,000 SF Office/Workspace • Elevated Flooring • Shared Loading Dock • 1,000 SF Buildout w/ 5 private offices, kitchen and bathroom • 2,000 SF Open Workspace (Fully Air-Conditioned) • Ample Parking • River Access • Discounts available for 5-year term
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 7,875 SF | Industrial | Full Build-Out | Now |
| 1st Floor | 10,500 SF | Industrial | Partial Build-Out | Now |
| 1st Floor | 1,945 SF | Flex | Full Build-Out | Now |
| 1st Floor | 3,000 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 7,875 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 10,500 SF |
| Space Use |
| Industrial |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 1,945 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 3,000 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 7,875 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
7,875 SF Total Includes: • 7,500 SF warehouse • 375 SF office + bathroom/kitchen build-out or lease add • Two loading docks • Ample on-site parking Discounts Available For: - 5-year terms with larger space commitments
1st Floor
| Size | 10,500 SF |
| Space Use | Industrial |
| Build-Out | Partial Build-Out |
| Available | Now |
Up to 10,500 SF Total Includes: • 7,500 SF warehouse • 2,000 SF workspace under A/C • 1,000 SF office suite (5 offices) • Three Loading Docks • Ample on-site parking as noted Discounts Available For: - 5-year terms with larger space commitments
1st Floor
| Size | 1,945 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
1,945 SF – 9,200 SF Includes: • Class “A” Office Space with magnificent views of the Caloosahatchee River • 820 SF Common Area includes Covered Entry, Large Professional Reception Area, Men’s Room, Ladies Room, and Electrical/Telecom Closet
1st Floor
| Size | 3,000 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Waterfront industrial elevated warehouse space with loading docks and high-power electrical service, located along the Caloosahatchee River in Fort Myers. The space offers functional distribution capability with unique river access and the potential for additional conditioned office build-out. PROPERTY DESCRIPTION • 3,000 SF Office/Workspace • Elevated Flooring • Shared Loading Dock • 1,000 SF Buildout w/ 5 private offices, kitchen and bathroom • 2,000 SF Open Workspace (Fully Air-Conditioned) • Ample Parking • River Access • Discounts available for 5-year term
Property Taxes
| Parcel Number | 07-44-25-P4-00109.0080 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,102,513 |
Property Taxes
Contact the Sale Advisor
FOR SALE or LEASE | 3120-3131 E Riverside Dr