So many opportunities with T-4 ZONING (Commercial AND/OR Residential Use). This is a rare investment opportunity to be part of the New Downtown Redevelopment District in Bonita Springs. The lot is located on W Terry Street that connects Old-41 and US41. This location provides walking ease to all proposed downtown attractions, restaurants, concerts, and the new county library. The new zoning code allows for the new structure built on this lot to go up to 3 floors high, with reduced boundary setbacks. The T4 zone may contain commercial use as follows: Zoned for potential owner-occupied space that could be a live/work unit, with the floor area of the commercial space being less than 2,000 sqft. The commercial space, however, may be larger than 2,000 sqft and NOT owner-occupied IF the lot fronts Terry St or Bonita Beach Road.