325 E Locust

Prime Tobin Hill Development Opportunity. A rare 0.21-acre parcel in the historic Tobin Hill District, adjacent to the Pearl. Features an existing 4,284 sq. ft. building with MF-33 zoning for up to 6 units (subject to approval). Competitively priced vs. vacant lots nearby selling for much higher price, with major advantages: 1. Existing Structure: Saves costs vs. ground-up construction. 2. High-Density Zoning: Potential for up to 6 residential units. 3. Grandfathered Approvals: Includes pre-approved senior living facility use. 4. Infrastructure Ready: Fire sprinklers and rear alley parking/access in place. Price includes architectural & engineering plans, plus Historic District approval for a 4-unit conversion. Note: A major value-add project sold strictly "As-Is." Requires full renovation. Ideal for a professional developer/investor. Act now-this unique opportunity won't last.