Riverside Square Redevelopment Portfolio 4 Properties Offered at $9,758,560 CAD in North Fort Myers, FL

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.