Virtual TourMap

For SaleMixed UseActive

398 S Marion Avenue

Lake City, FL 32025

$349,000

86 Days On Site

  • 2,559Sq Ft
  • $136Per Sq Ft
  • 0.32Acres
  • 1926Built
Subdivision
Ashurst Sub
County
Columbia
MLS®
GC542575

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.

Listing Snapshot

Price
$349,000
Days On Site
86 Days
Bedrooms
N/A
Inside Area (SqFt)
2,559 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
0.32 Acres
Year Built
1926
MLS® Number
GC542575
Status
Active
Property Tax
$2,399.97 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

6 items
Acres
0.32
Direction Faces
East
Foundation
Pillar/Post/Pier
Number Of Stories
2
Property Sub Type
Mixed Use
SqFt Total
2,673

Interior Features

1 item
Cooling
Wall/Window Unit(s)

Exterior Features

3 items
Construction Details
Frame, Wood Siding
Road Frontage
State Road
Roof
Metal

Community Features

4 items
MLS Area
32025 - Lake City
Township
03S
Financing Terms Available
Cash, USDA Loan
Roads
Paved

Location

398 S Marion Avenue, Lake City, FL 32025 · 32025 - Lake City

Neighborhood & Commute

ZIP Code 32025

Median household income
$57,099
Income per person
$28,999
Households
7,885
Average household size
2.46
Median age
40.3

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $349,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

Listing courtesy of BOSSHARDT REALTY SERVICES LLC (352) 223-9442

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-07 10:51 AM EST

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