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Cheryl Carson
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REALTOR®
(941) 524-9907
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$359,000

398 S Marion Avenue Lake City, FL 32025 Commercial - Active

  • 398 S Marion Avenue , Lake City, FL 32025 Main Photo

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Description

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.

Property Highlights

Property Type: Commercial -
Cooling: Wall/Window Unit(s)
Lot Size: 0.32 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $2,399
Year Built: 1926

General Information

County: Columbia
Subdivision: ASHURST
Listed By:
Kristine Wendig BOSSHARDT REALTY SERVICES LLC 352-371-6100

Property Features

Days on Site: 18
Directions: From Baya Drive, head north on Marion Street. Home is second on the left past SW Camp Street.
Exterior: Frame, Wood Siding
Flood Zone Code: X
Foundation: Pillar/Post/Pier
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing, USDA Loan
Lot Dimensions: 0.32
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Sale Includes: Building(s) and Land
Showing Instructions: 24 Hour Notice, No Lockbox, ShowingTime
Special Sale Provisions: None
Water Access Y/N: No
$359,000
Active
BEDS0 BATHS SQUARE FEET2,673 MLS#GC542575
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONASHURST

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398 S Marion Avenue , Lake City, FL 32025.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/01/2026. The listing information on this page last changed on 09/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 09/01/2026 12:17:48 AM EST) or Stellar MLS (last updated Tue 09/01/2026 12:10:04 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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