402 & 404 W Columbus Drive — compelling corner lot with alley access, three blocks from Armature Works. Two parcels totaling 15,240 SF, 120 feet of frontage on W Columbus Drive and 127 feet on N Massachusetts Avenue. Currently zoned CG with broad commercial use allowances. Future land use is CMU-35 — up to 12 dwelling units (35 du/ac) or 30,480 SF of development at 2.0 FAR. Designated Opportunity Zone with potential additional density under the Live Local Act. Value is in the land, but two existing triplexes grossing $7,100/month let you carry the asset while you entitle it. Four luxury townhomes under construction at 401 W Amelia Ave, eight more at 405 W Amelia Ave, both adjacent to the site. Surveys, arborist report, and development concepts available upon inquiry. Drive by only — do not walk the property or disturb tenants.

Listing courtesy of LOMBARDO TEAM REAL ESTATE LLC (813) 737-7091



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Last checked: 2026-04-02 10:28 PM EDT