condo building with retail on the ground floor.
That said, wouldn't it make an awesome place for a beer garden? You could keep the small building as the kitchen and maybe a bar, like Standard down at 14th and S, and make the rest outdoor tables and umbrellas.
But unfortunately, it looks like that isn't going to happen. It's currently owned by local developer Douglas Jemal (oddly, the LLC he set up for it is called Jemal's Hookers LLC) and they're looking for retail tenants already.
Here's the Google Street View look. Without the cars there's quite a bit of room. Fun to imagine, at least.