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398 S MARION AVENUE

Commercial For Sale
$359,000

BTC: 4.61350639

ETH: 149.58333333

10 days
0 room(s)
2,559 sqft

Overview

HISTORIC COMMERCIAL PROPERTY WITH ENDLESS POSSIBILITIES! Bring your vision to 398 S Marion Avenue in downtown Lake City! This beautifully restored 1926 property combines historic charm, modern improvements, and Commercial General zoning, creating an exciting opportunity for an investor, entrepreneur, or business owner. Potential uses include professional offices, boutique business space, Airbnb, bed and breakfast, or other commercial ventures, subject to applicable approvals and licensing. The two-story main building offers approximately 2,079 heated sf, beautiful hardwood floors, 9+ foot ceilings, original architectural details, an inviting covered front porch, updated electrical and plumbing, a 2020 roof, updated insulation, & numerous additional improvements. A separate carriage house with 2-car parking and a 1-bedroom, 1-bath apartment upstairs adds even more flexibility and potential. Located near the heart of downtown Lake City with convenient access to businesses, restaurants, shopping, and government offices, this is much more than a building—it's an opportunity to create something truly special.

Location

Florida • LAKE CITY • 32025 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1926
Lot:
0.32 Acres
Heating:
No Data
Price/sqft:
$140
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$2,399
2025
All facts and features

  • Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.32 Acres

    Other Property Information

    • Parcel Number: 00000013827000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $2,400

  • Source details

    • MLS ID: GC542575

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Pillar/Post/Pier

    • Direction Faces: East

    • Living Area: 2559

    • Lot Size Dimensions: 70 x 200

    • Subdivision Name: ASHURST SUB

Private inquiry
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More like this

For Sale
$359,000
House
4 bds · 3 ba · 2,079 sqft
ASHURST SUB, LAKE CITY
398 S MARION AVENUE
-$4K
For Sale
$264,900
House
4 bds · 2 ba · 1,611 sqft
OAK HILL ESTATES SUB, LAKE CITY
228 SE OAK HILL STREET

Market around this address

Live counts in the same area.
View all
This zip
32025
19
median $359K
Active
Same city
LAKE CITY
89
median $395K
Active
Same type
Commercial
8
median $770K
Active
Similar price
$251K – $466K
34
median $399K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BOSSHARDT REALTY SERVICES LLC