743 N MARION AVENUE Lake City, FL $ 775,000
743 N MARION AVENUE
$ 775,000
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743 N MARION AVENUE

Lake City, FL, 32055
$ 775,000
Bedrooms-- Baths-- Sq 5,406

Monthly Estimate*

$ 4,893

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Commercial Property for sale in Lake City, FL

for $775,000. This 5,406 square foot building was built in 1964 on a lot size of 0.97.

The possibilities are endless! This mixed zoning complex offers up over 19,000 sqft under roof. Prior concrete factory with 12,249 sqft has been converted into three massive bays which could be used for a multitude of storage or light manufacturing applications. Each bay can be leased independently, two of which have current tenants. Apart from the warehouse there are two concrete buildings with residential amenities. Building 2 has 2,452 total sqft with 3 bedrooms, 2 bathrooms, a kitchen, laundry room, and living space. Building 3 is a three story concrete building with 5,051 total sqft containing 3 separate living spaces. Each floor has its own bedrooms, bathrooms, kitchen, and living areas. 3rd floor has been tastefully updated and features a balcony overlooking the complex. Other improvements to the complex have focused on big ticket items, with a new roof being placed on the 12,000+ sqft warehouse in 2024. The residential spaces have three brand new HVAC systems keeping both buildings cool and a roof coating was installed in 2023 to both buildings to ensure maintenance free management for years to come. Sale includes adjoining parcel that is approximately 80'x50' in size, with commercial security fencing and private entrance - a perfect leasing space for vehicle and equipment storage. You will not find a property with more income producing spaces that also has partial residential zoning that will allow for owner/manager to live onsite and take advantage of a homestead exemption. Just 3 blocks north of the Historic District. Schedule your private tour today.

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Commercial Active

Price

$ 775,000

Property Type

Commercial

Taxes

$ 7,161

Style

Mixed Use

Lot Size

0.97

Year Built

1964

Town/City

Lake City

County/Region

Columbia

MLS | Web ID

GC543432

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Public
Possession Close Of Escrow
Roof Metal
Appliances Dryer Refrigerator Washer
Security Features Security Gate
Construction Materials Concrete
Year Built 1964
Levels Three Or More
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 00-00-00-10968-000
County Columbia
New Construction false
Property Type Commercial Sale
Building Features Bathrooms High Bays Loading Dock Loft
Status Active
Directions From the intersection of US-441 and US-90 head North on US-441/Marion Ave property will be on your right. Please use entrance at electric security gate directly off Marion Ave.
City LAKE CITY
Number Of Units Total 7
MLS Area 32055 - Lake City
Lot Size Units Square Feet
Lot Size Square Feet 38246
Listing Terms Cash Other
Tax Annual Amount 7161
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC543432
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 0
Legal Description NE DIV: BEG N R/W G S & F RR & W LINE OF BLK 40 N 178.30 FT TO NW COR THEREOF E 210 FT S 158.36 FT W 80 FT S 50 FT W 99.70 FT NW 43.24 FT TO POB (BEING A PART OF BLOCK 40). 404-246 CT 936-1053 1015-227 WD 1169-746 WD 1476-707
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Y
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Interior
Flooring Carpet Concrete Other Tile
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Ground Level Other RV Parking
Water Source Public
Lot Size Area 38246
Foundation Details Block Other
Number of Buildings 3
Building Area Total 19752
Lot Size Acres 0.97
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
Number of Lots 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
steven@cwrealty.org

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Affordability Calculator

$5,490
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,893
Monthly Property Taxes
$597
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
Pricing History
DatePricePrice ChangeDescription
9/11/2026$775,000 Listed Price

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743 N MARION AVENUE, Lake City, FL, 32055 is a Commercial Property for sale at $775,000 with 5,406 sqft and a lot size of 0.97. 743 N MARION AVENUE was built in 1964. The property's zip code is 32055 which is in Lake City, FL