There’s an empty lot on the southwest corner of 13th and Buttonwood Sts. that’s currently on the market. The property measures nearly 30K sqft, and the asking price is $10M. Yikes.
A lot of lot
According to the listing, the current owners applied for and received the necessary zoning variance to construct two residential towers with about 320K sqft of internal space and commercial use on the first floor. There is a rendering included with the listing that looks downright futuristic.
And it's low-res, too!
On its face, this may seem like a somewhat reasonable plan. The lot is surrounded by apartment and condo buildings, some of which are high-end, showing at least a decent residential market in this neighborhood. In addition, just a couple of blocks to the south at 12th and Callowhill Sts., a
Around the corner from Geno’s Steaks, the 800 block of Latona St. is a weird mix of garages and residences. On the north side of the street is a food cart garage, a sign store, and residences. The southern side of the block is dominated by a cinderblock building with 3 garages and a 75 foot fenced-in lot full of junk. This totally strange block is of interest because the ten addresses that contain the buildings and the lot on the south side are currently for sale for $1.35M.
The eastern side of the property. Open lot full of junk is on the other side of that wall.
The western side of the property. Two story building that was used for a few years as an illegal banquet hall. Two of the three garages are visible on the right side.