2050 FORBES Street, Jacksonville, FL 32204

$449,000
Property Type: Commercial Sale Square Footage: 1,962 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $449,000 List Date: 2/20/2026 Last Modified: 2/26/2026

Description

PRIME HISTORIC RIVERSIDE OPPORTUNITY - LIVE, WORK, OR INVEST IN THE HEART OF FIVE POINTS. Welcome to 2050 Forbes Street, a rare and versatile property located in the highly sought-after Historic Riverside neighborhood--just steps from the vibrant Five Points district. Walk to some of Jacksonville's most exciting restaurants, coffee shops, breweries, boutiques, parks, and entertainment. This is one of the city's most walkable and desirable areas, where charm, culture, and community meet. Currently configured as a professional office, this property offers exceptional flexibility. Whether you are a business owner looking for your own headquarters, an investor seeking income potential, or a buyer ready to convert it back into a stunning single-family residence, the possibilities are wide open. Zoned RMD-B (Residential Medium Density), the property allows for residential, professional office, and various mixed-use opportunities (buyer to verify permitted uses with the City of Jacksonville).

Supplements: 2050 Forbes Street represents a strategic opportunity in the Historic Riverside overlay district, located moments from Five Points and minutes to Downtown Jacksonville, Avondale, St. Vincent's Medical Center, and major corridors. RMD-B zoning supports residential medium-density uses and certain professional office uses. This creates strong long-term value due to its adaptability. Buyers can consider: " Conversion to a charming single-family residence " Potential duplex or income-producing configuration (subject to city approval) " Live/work setup " Boutique law firm, accounting office, marketing agency, design studio, therapy practice " Creative co-working concept " Long-term hold with rental income The structure already includes plumbing for two full bathrooms, defined rooms for bedrooms or offices, and flexible common areas. The conference room could easily convert into a primary suite or additional bedrooms. The reception space could transform into a living room. With thoughtful renovation, this property could become a stunning Riverside home blending historic charm with modern finishes. For investors, the Five Points/Riverside submarket continues to demonstrate strong demand for walkable residential and boutique commercial spaces. Parking is a premium in this area, and this property provides valuable off-street and covered parking--an uncommon advantage. The surrounding area supports high-quality redevelopment, renovation, and value-add opportunities. Buyers seeking appreciation potential will recognize the strength of this micro-location. Key Highlights: " Located in Historic Riverside near Five Points " Walkable lifestyle location " Flexible RMD-B zoning " Multiple income or conversion pathways " Strong neighborhood demand " Motivated seller This is not just a building--it's a strategic opportunity in one of Jacksonville's most established and character-rich districts. Serious inquiries only. Seller is ready to review offers.

More Information MLS# 2131227

Location, Tax, and Legal

Country: US Parcel Number: 0908960000 Tax Annual Amount: 5771.69 Tax Year: 2025 Tax Legal Description: 2-24 56-2S-26E .143 RIVERSIDE W1/2 LOT 7 BLK 64

General Property Information

Lot Size Acres: 0.13 Association YN: No Waterfront YN: No Directions: Take Riverside Ave to Margaret St. then take a right. Take a left onto Forbes St. Building is on the left Public Remarks: PRIME HISTORIC RIVERSIDE OPPORTUNITY - LIVE, WORK, OR INVEST IN THE HEART OF FIVE POINTS. Welcome to 2050 Forbes Street, a rare and versatile property located in the highly sought-after Historic Riverside neighborhood--just steps from the vibrant Five Points district. Walk to some of Jacksonville's most exciting restaurants, coffee shops, breweries, boutiques, parks, and entertainment. This is one of the city's most walkable and desirable areas, where charm, culture, and community meet. Currently configured as a professional office, this property offers exceptional flexibility. Whether you are a business owner looking for your own headquarters, an investor seeking income potential, or a buyer ready to convert it back into a stunning single-family residence, the possibilities are wide open. Zoned RMD-B (Residential Medium Density), the property allows for residential, professional office, and various mixed-use opportunities (buyer to verify permitted uses with the City of Jacksonville). Building Area Total: 1962 Building Area Source: Public Records List Price/SqFt: 228.85 Year Built: 1917

Accessibility Features

Accessible Approach with Ramp: 1

Cooling

Central Air: 1

Current Use

Office: 1

Flooring

Vinyl: 1

Heating

Central: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Other: 1

Parking Features

Additional Parking: 1 Carport: 1

Possession

Close Of Escrow: 1

Road Frontage Type

City Street: 1

Roof

Shingle: 1

Sewer

Public Sewer: 1

Utilities

Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Water Source

Public: 1

Building Features

% Air Conditioned or Heated: 100 Lobby: 1

Business Type

Accounting: 1 Administrative and Support: 1 Advertising: 1 Animal Grooming: 1 Arts and Entertainment: 1 Barber/Beauty: 1 Books/Cards/Stationary: 1 Clothing: 1 Commercial: 1 Decorator: 1 Dental: 1 Education/School: 1 Electronics: 1 Employment: 1 Financial: 1 Gift Shop: 1 Health Services: 1 Home Cleaner: 1 Medical: 1 Office Supply: 1 Pet Store: 1 Photographer: 1 Printing: 1 Professional Service: 1 Professional/Office: 1 Real Estate: 1 Rental: 1 Residential: 1 Retail: 1 Sporting Goods: 1 Toys: 1

Ceiling Type

Drywall: 1 Height Varies: 1

Location

City: 1

Power Production

Ownership: Seller Owned

Sale Includes

Building & Land: 1

Contract Information

Current Price: $449,000 List Price: $449,000 Status: Active Listing Contract Date: 2026-02-20 Property Sub Type: Office

Location Tax and Legal

Street Number: 2050 Street Name: FORBES Street Suffix: Street County: Duval State: FL Postal Code: 32204 Subdivision Name: 1661 Riverside MLS Area Major: 031-Riverside

Status Change Information

Major Change Timestamp: 2026-02-26T02:32:33Z Major Change Type: Price Reduced Price Change Timestamp: 2026-02-26T02:32:33Z

Property Features

Accessibility Features: Accessible Approach with Ramp Building Features: Lobby Business Type: Accounting; Administrative and Support; Advertising; Animal Grooming; Arts and Entertainment; Barber/Beauty; Books/Cards/Stationary; Clothing; Commercial; Decorator; Dental; Education/School; Electronics; Employment; Financial; Gift Shop; Health Services; Home Cleaner; Medical; Office Supply; Pet Store; Photographer; Printing; Professional Service; Professional/Office; Real Estate; Rental; Residential; Retail; Sporting Goods; Toys Ceiling Type: Drywall; Height Varies Cooling: Central Air Current Use: Office Flooring: Vinyl Heating: Central Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Additional Parking; Carport Possession: Close Of Escrow Road Frontage Type: City Street Roof: Shingle Sale Includes: Building & Land Sewer: Public Sewer Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public
Listing Office: VIT HOMES REALTY LLC
Last Updated: February - 26 - 2026
Information deemed reliable but not guaranteed.

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