Description

The premier property in the cornerstone mini-triangle in the Bayshore/Gateway Redevelopment CRA is now available and priced to sell. Identified as the catalyst project to spur investment in the area, Sway Lounge consists of a highly entitled 1.19 acres of land with a modern, fully renovated 9,400 sq.ft. building. Current C-4 zoning allows for 8 stories of mixed use redevelopment. The architecturally remarkable structure is built out as a nightclub and lounge with full kitchen, sound system, intelligent lighting, Crestron lighting and AV control system, 2 full bars and is being offered turnkey furnished complete with all furniture, fixtures, bar and kitchen supplies. Truly a must see experience. Currently, a tenant is in place. Property being offered without tenant lease. Tenant has a 15 day first right of refusal for purchase. 4COP License and the Sway name/brand available with or without purchase, depending on buyer's intended use.

Only 1 Mile East of the redevelopment energy of 5th Avenue South, and perfectly positioned at the edge of the current redevelopment envelope, this parcel is located and priced to realize the future opportunities of the area both as a parcel assembled with others as part of a larger project, or as a free standing enterprise.