This listing is for the riverfront property, building, and acreage. There is also a vacant 0.41-acre lot that can be purchased separately for $250,000. The riverfront lot is 1.06 acres or 46,100 sf and is the location of the main structure. The adjoining lot is 0.41 acres or 17,816 sf for a total potential of 1.47 acres. The riverside frontage because the property juts into the river is @ 250 feet. The building is currently mixed-use and has 23,971 sf divided into 3 plus 1 section: an occupied Class A Office area leased to a national firm containing 9,208 sf which is producing $165,925.00 of annual income with multi-year potential continuation of lease post term; a second Class A 4,867' front space leased to a building contractor producing $61,956.00 and large open area and office/living area containing 9,896' sf with a current living complex of 1,023’ and a work area under AC with 1,962’. The open warehouse area is 6,911’ and is vacant. This 9,896 feet section has the potential for @ $100,000 of additional income the potential for an additional income with no further improvements which would bring the CAP rate up to 9.3. Taxes are $17,580.00 and special assessments for water, sewer and fire are $5,135.00. Flood Insurance is @ $7,560 and has been flat for 3 years. Liability insurance is $9,721. A maintenance/property manager takes care of the building once a week for 4 hours and charges $6,600.00 year. Because of significant investments by the current owner in upgrades, there are few other annual expenses. The total collected current income in place as of August 2021 is $237,232.00 plus $38,034.00 for the living area and side area currently occupied by the owner. Three alternative concept plans exist and others can be developed and shared with a qualified buyer/investor for the open warehouse area. 1. A plan to convert the open warehouse space into twelve 2-story millennial-type condos with individual rooftop sitting areas overlooking the river. This plan has a high additional income potential and is permitted with current zoning. 2. A plan to convert the open warehouse area into an open collaborative workspace. These plans also have a high additional potential income and is permitted with current zoning. 3. A plan to convert the open warehouse into a riverside bar/restaurant. This plan would likely require the entire complex be repurposed. This plan also is covered with current zoning and has wide appeal with the local City economic developers. The building was extensively renovated in 2011 and again in 2017 with over $450,000 of improvements to include 13,100' of new roof, six new A/C systems and a new high speed internet business service by Comcast equivalent to a T3 line, a complete retrofit of the entire building with full-spectrum LED lighting. Plans exist to convert either sections of the building or the entire facility to photovoltaic power generation with significant potential tax credits. The property is near a seasonal free trolly to the historic riverfront Fort Myers downtown area 0.9 miles away. This site is one of the last remaining potential high-rise sites in Fort Myers which could be developed while having substantial cash flow during that process. Piling exist on the survey where a previous 400 foot pier could be rebuilt with a grandfather clause. This property is considered by many in the local community as completely unique because originally it was a crab processing facility and is one of the highest potential values for redevelopment.