Foot Gear Plus closed this past July 31 after nearly 40 years on the southwest corner of First Avenue and St. Mark's Place.
The space — 131 First Ave. — has been on the market since then. Per Meridian Investment Sales:
Owned by the same family for 54 years, this single story building, located on the southwest corner of St. Marks Place and First Avenue, presents a distinct opportunity for an investor or end-user to establish a retail or food and beverage presence.
The property is currently constructed as a single story, 1,350 square foot building with a large usable basement. Investors have a unique value-add opportunity to either reposition the retail or monetize 4,150 square feet of air rights in the future.
The listing at LoopNet notes that the property is now in contract. (There wasn't any mention of the price.)
So we'll see what the new owner has in mind with those air rights... and that artificial turf atop 134 First Ave.!
As for Foot Gear Plus, Tony Scifo, who opened the shop here in 1980, told this to EVG contributor Stacie Joy in July: "After several years of peaks and valleys in business there were just too many valleys. Companies now sell direct to consumers and once they started offering free shipping it was all over. This is happening everywhere, not just locally. The landlord wanted us to stay. She offered us a fair price and she's been great. We just couldn't make it."
Images via LoopNet
Previously on EV Grieve:
After nearly 40 years, Foot Gear Plus is closing on 1st Avenue and St. Mark's Place