EDGEWATER — The former Carson's Ribs barbecue restaurant in Edgewater is slated for auction early this summer.
The 22,000-square-foot building is at 5970 N. Ridge Ave., where the restaurant closed in 2005. It was originally on the market for $2.15 million, and was bought the same year by Vranas and Chioros Realty Group, but has sat vacant since Carson's shuttered.
The building resides on a large parcel of land with an empty lot, and holds the potential for a 46,640-square-foot buildout, according to Fine and Company, the firm conducting the auction on May 21.
“For developers or high profile retailers ... wishing to secure a foothold in one of the most desirable areas of the city, this is a rare opportunity," real estate broker Michael A. Fine said in a statement.
The property is owned by the Vranas and Chioros Realty Group, which was founded in 1976 and sold most of its properties between 2005 and 2008, with the exception, of course, of the former Carson's site.
"We saw it as a irreplaceable location for future development," owner Michael Chioros said in a statement. "With the wind down of our business partnership we have decided it is time to sell this property rather than develop it ourselves."
A news release about the auction touts Ridge Avenue as a prime spot for retail and mixed-use development, with 38,000 vehicles a day passing through and a location "in the heart of Andersonville," although the Carson's building is north of what is typically considered Andersonville, and would be considered Edgewater in most neighbors' minds.