One of the last undeveloped corners on Zuni Street in the Highlands has hit the market.
Back in 1972, Bud Vecchiarelli paid $23,000 for the 6,200-square-foot parcel at the corner of 33rd Avenue and Zuni Street. It’s been called Bud’s Zuni Street Garage for decades, and Bud still fixes cars there.
The corner property is now up for sale for $1 million.
Vecchiarelli’s real estate agent, Barry Willmarth, said the goal is to “find a developer that would be interested in tearing down the building.”
Willmarth is trying to get the property rezoned as mixed use, which he said would increase its value.
“It would allow for greater options on a development,” he said. “Instead of just putting a duplex there, you could put retail space with apartments on top.”
The real estate hit the market May 12. A single-family townhouse across Zuni sold last month for $815,000, at $324 per square foot.
The land at 2400 W. 33rd Ave. also falls under the Potter Highlands neighborhood conservation overlay and historic district designation, which both influence future architectural design.
One of the last undeveloped corners on Zuni Street in the Highlands has hit the market.
Back in 1972, Bud Vecchiarelli paid $23,000 for the 6,200-square-foot parcel at the corner of 33rd Avenue and Zuni Street. It’s been called Bud’s Zuni Street Garage for decades, and Bud still fixes cars there.
The corner property is now up for sale for $1 million.
Vecchiarelli’s real estate agent, Barry Willmarth, said the goal is to “find a developer that would be interested in tearing down the building.”
Willmarth is trying to get the property rezoned as mixed use, which he said would increase its value.
“It would allow for greater options on a development,” he said. “Instead of just putting a duplex there, you could put retail space with apartments on top.”
The real estate hit the market May 12. A single-family townhouse across Zuni sold last month for $815,000, at $324 per square foot.
The land at 2400 W. 33rd Ave. also falls under the Potter Highlands neighborhood conservation overlay and historic district designation, which both influence future architectural design.
It is zoned U-TU-B as is the entire surrounding area.
Not going to be re-zoned.
The neighborhood will go crazy.
He will get $500-$00K and not $1M.