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Riverside Square Redevelopment Portfolio 4 Properties Offered at $7,000,000 in North Fort Myers, FL
Investment Highlights
- Four-parcel assemblage totaling approximately 3.51 acres along North Cleveland Avenue.
- Zoned CG, C-1A, and C-2, allowing for a wide range of mixed-use redevelopment options.
- Conceptual design supports retail, office, and luxury condominium components with rooftop amenities.
- 35,932± square feet of existing improvements generating stable income.
- Prime location just north of the Caloosahatchee Bridge with excellent regional connectivity.
- Positioned near the Fort Myers River District, a hub for lifestyle, entertainment, and economic activity
Executive Summary
Riverside Square Redevelopment Portfolio presents an exceptional 3.51-acre investment assemblage in the heart of North Fort Myers, Florida. This site encompasses four separate parcels along North Cleveland Avenue, situated just north of the Caloosahatchee Bridge and US-41, offering prominent regional connectivity.
Currently improved with 35,932± square feet of commercial and retail space generating stable income, the property offers immediate revenue while positioning investors for a transformative redevelopment. Zoned CG, C-1A, and C-2, the site qualifies for Residential Mixed-Use (RMU), creating the potential for a dynamic project combining retail, dining, commercial, and luxury residential components. This zoning flexibility aligns with demographic trends and urban planning initiatives designed to elevate North Fort Myers into a vibrant live-work-play district.
The location offers strong fundamentals, including high visibility along a primary arterial, proximity to the thriving Fort Myers Downtown River District, and accessibility to major demand drivers. Investors will benefit from significant future value appreciation opportunities through adaptive reuse or mixed-use ground-up development. Combining income stability with redevelopment upside, Riverside Square delivers a rare proposition for developers and long-term investors seeking participation in the growth trajectory of Southwest Florida.
Currently improved with 35,932± square feet of commercial and retail space generating stable income, the property offers immediate revenue while positioning investors for a transformative redevelopment. Zoned CG, C-1A, and C-2, the site qualifies for Residential Mixed-Use (RMU), creating the potential for a dynamic project combining retail, dining, commercial, and luxury residential components. This zoning flexibility aligns with demographic trends and urban planning initiatives designed to elevate North Fort Myers into a vibrant live-work-play district.
The location offers strong fundamentals, including high visibility along a primary arterial, proximity to the thriving Fort Myers Downtown River District, and accessibility to major demand drivers. Investors will benefit from significant future value appreciation opportunities through adaptive reuse or mixed-use ground-up development. Combining income stability with redevelopment upside, Riverside Square delivers a rare proposition for developers and long-term investors seeking participation in the growth trajectory of Southwest Florida.
Property Facts
| Price | $7,000,000 | Number of Properties | 4 |
| Price / SF | $195.74 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 35,762 SF |
| Sale Type | Investment | Total Land Area | 3.89 AC |
| Status | Active |
| Price | $7,000,000 |
| Price / SF | $195.74 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 35,762 SF |
| Total Land Area | 3.89 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 13192 N Cleveland Ave, North Fort Myers, FL 33903 | Land | 0.34 AC | 1987 | - |
|
CQ Corporate Quarters- Executive Suites
13180 N Cleveland Ave, North Fort Myers, FL 33903 |
Office | 31,970 SF | 1986 | - |
| 13160 N Cleveland Ave, North Fort Myers, FL 33903 | Retail | 2,023 SF | 1974 | - |
| 13170 N Cleveland Ave, North Fort Myers, FL 33903 | Retail | 1,769 SF | 1984 | - |
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Riverside Square Redevelopment Portfolio