1,962 SqFt
1,962 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,962 sqft
Price per Sqft $228
Subdivision 1661 Riverside
MLS Listing ID 2131227
HOA Y/N No
Year Built 1917
Annual Tax Amount $5,771
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Office
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
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). 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.
Location
State FL
County Duval
Community 1661 Riverside
Area 031-Riverside
Direction Take Riverside Ave to Margaret St. then take a right. Take a left onto Forbes St. Building is on the left
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
Parking Features Additional Parking, Carport
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Accessibility Accessible Approach with Ramp
Private Pool No
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Tax ID 0908960000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional