$449,000

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,… Read More 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. Read Less

This data up-to-date as of Mar 1, 2026. Listing courtesy of VIT HOMES REALTY LLC.

Listing Snapshot

Days Online

Last Updated

Mar 1, 2026

Property Type

Commercial Sale

Lot Size

0.13 Acres

Year Built

1917

MLS Number

2131227

30 Days Snapshot Of 32204

$358k

+9%

(avg) sold price

+40%

homes sold

-21%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Built in 1917, Living area: 1,962

Cooling

"Central Air"

Accessibility Features

Accessibility features: "Accessible Approach with Ramp"

Floors

"Vinyl"

Heating

"Central"

Lot

0.13 acres, 5,663 square feet, Area: 0.13, "Other"

Parking

"Additional Parking", "Carport"

Roof

"Shingle"

Sewer

"Public Sewer"

Taxes

Tax annual amount: $5,772, Tax year: 2025

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