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Back on the Market
Extraordinary & Immaculate Commercial Site
Price Reduction
One of the Least Expensive Sites
in the City Limits
Melrose Park Place
Our Offering is for a 10,000 SF renovated structure on 2/3 of an acre of land mass. The building has gone through a massive reconstruction. Plans and Mechanicals will be supplied.
Currently, the building is nearing the end of construction.
The site consists of a large exterior footprint. On the south side of the structure, there is a drive-thru carport that leads to one of the two main entrances. The primary parking lot is also located in this area, with over 20 spaces.
In the southeast corner, a brand paver section has been created for additional parking and/or an outside terrace.
The main entrance is on the west side and features a dignified canopy with double doors. The north side has 2 roll-up doors into the warehouse/ garage section. The east side also has a roll-up that leads to the same work area.
The interior has had extensive MEP work plus new drywall and finishes. A special document will be available with a list of over 33 very significant improvements to the property.
The interior floor plan will be supplied, it consists of multiple open spaces, offices, workspaces, reception areas, a conference room, restrooms, and a warehouse.
The site also boasts of having an area with two full bathrooms and a kitchen, lending itself to a live / work scenario.
The property appears to have many uses, such as Office, Industrial, Retail, as an accessory, and Multi-Family.
The current state of the building lends itself to Medical Use, Spa, Showroom Warehouse, Manufacturing & Assembly, Brewery, Food Processing, Distillery, Restaurant, and more. Any of these Uses will need a variance from the city.
The building is a former funeral home and it appears that may be the best future of the site. The city states even this use, an re-statement process through the city.
The site is also a strong candidate for redevelopment play for a multi-family.
Please see the following Zoning Code:
ZONING: Zoning is NSM-1 / Neighborhood Suburban Multi-Family - 1.
This allows 15 units per acre with 6 units additional for Workforce housing. Thus, it appears this site will allow up to 10 units plus 4 for Workforce housing.
LOCATION DESCRIPTION: The site is located on 7th Avenue South on the 1900 Block at 1940 7th Avenue South.
The site is easily accessible via 9th Avenue South from two lighted intersections at 16th Street South and 22nd Street South.
The address is minutes from all the Downtown Dining & Shopping Districts, such as Grand Central, The Edge, 600 Block, Jannus Landing, Beach Drive, and the Waterfront.
Three major hospitals and two universities are also 3 to 5 minutes away.
The property is also just south of the famed Warehouse Arts District.
The Interstate and US Hwy 19 North are also 3 and 5 minutes away.
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