2050 FORBES Street, Jacksonville, FL 32204
Description
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.