This prime lot offers an exceptional opportunity for developers to create a collection of modern studios or lofts with outstanding rental potential. Just a short six-block walk from the vibrant downtown area, this location is perfect for attracting tenants seeking convenience and an urban lifestyle. With the growing demand for stylish, compact living spaces in this thriving neighborhood, developers can capitalize on both long-term and vacation rentals, ensuring a highly profitable investment. The proximity to downtown's entertainment, dining, and shopping makes this property an unmatched development opportunity.