Mixed Use at 398 S MARION AVE, LAKE CITY
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$359,000

398 S MARION AVE
LAKE CITY, FL 32025
Listed by Kristine Wendig · BOSSHARDT REALTY SERVICES LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
2,559 sqft
Year built
1926

About this home

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 details

MLS #
MFRGC542575
Property type
Mixed Use
Subdivision
ASHURST SUB
Status
Active
Days on market
N/A
On market date
August 12, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.32 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
MELROSE PARK ELEMENTARY SCHOOL
0.76 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
363
Student:teacher ratio
15.1:1
District
COLUMBIA
Middle
RICHARDSON SIXTH GRADE ACADEMY
0.57 mi away · Grades 6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
492
Student:teacher ratio
17.6:1
District
COLUMBIA
High
COLUMBIA VIRTUAL FRANCHISE
0.37 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
0
District
COLUMBIA

Mortgage calculator

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Est. monthly payment
$2,312/mo
$71,800 down
$287,200 loan
Principal & interest$1,863
Property tax (est.)$299
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 16 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.