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398 S MARION AVENUE Lake City, FL $ 359,000
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398 S MARION AVENUE
$ 359,000
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398 S MARION AVENUE

Lake City, FL, 32025
$ 359,000
Bedrooms-- Baths-- Sq 2,559

Monthly Estimate*

$ 2,267

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Commercial Property for sale in Lake City, FL

for $359,000. This 2,559 square foot building was built in 1926 on a lot size of 0.32.

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.

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Commercial Active

Price

$ 359,000

Property Type

Commercial

Taxes

$ 2,399

Style

Mixed Use

Lot Size

0.32

Year Built

1926

Town/City

Lake City

County/Region

Columbia

MLS | Web ID

GC542575
Features
General
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Roof Metal
Construction Materials Wood Frame Wood Siding
Year Built 1926
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
County Columbia
New Construction false
Property Type Commercial Sale
Subdivision Name ASHURST SUB
Facing Direction East
Status Active
Directions From Baya Drive head north on Marion Street. Home is second on the left past SW Camp Street.
City LAKE CITY
MLS Area 32025 - Lake City
Lot Size Units Square Feet
Lot Size Square Feet 13983
Listing Terms Cash USDA Loan
Tax Annual Amount 2399.97
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC542575
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 9
Legal Description S DIV LOTS 9 10 17 18 & LOTS 11 & 16 EX 16 FT OFF S SIDE BLOCK 1 ASHURST S/D. 792-2431-2434 994-2295 DC 1381-469 DC 1422-119
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Stories 2
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 13983
Foundation Details Pillar/Post/Pier
Number of Buildings 2
Building Area Total 2673
Lot Dimensions 70 x 200
Lot Size Acres 0.32
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type State Road
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Bosshardt Realty Services Llc

Broker

kristinewendig@bosshardtrealty.com

Email

Affordability Calculator

$2,467
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,267
Monthly Property Taxes
$200
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/12/2026$359,000 Listed Price

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398 S MARION AVENUE, Lake City, FL, 32025 is a Commercial Property for sale at $359,000 with 2,559 sqft and a lot size of 0.32. 398 S MARION AVENUE was built in 1926. The property's zip code is 32025 which is in Lake City, FL

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