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Restored Two-Story Office Building
For Sale
$359,000

398 S MARION, Lake City, FL 32025

Commercial, Two Story, Lake City, FL

Property Size2,079 SF
Lot Size0.32 Acres
Price / SF$172.68
Days on Market19

Property Features for 398 S MARION

General Information

Property type Commercial Sale
Property subtype Other
Zoning CG
Window features Wood Frames
Interior features Living Quarters, Private Restrooms, Phone, Interior-Cable, Cable TV Available
Exterior features Trash Collection
Lot features Central Business District
Directions From Baya Drive, head north on Marion Street. Home is second on the left past SW Camp Street.
Subdivision 1-S. Us 90 - E. Us 441 Columbia
Standard status Active
Size 2,079 SF
Lot size 0.32 Acres

Utilities

Cooling system Wall Unit(s)
Water source Public

Amenities

hardwood floors
9+ foot ceilings
original architectural details
covered front porch

Building Details

Year built 1926
Floors in Building 2
Flooring type Tile - Porcelian, Hardwood
Building materials Frame, Wood Siding
Roof type Metal
Architectural style Other
Listing Agency: BOSSHARDT REALTY SERVICES, LLC
Listed By: Stephen Wendig · License #3526058
Added: Aug 12 Changed: Aug 19 Last Checked: Aug 30 at 7:06AM
MLS# 132722

Copyright © 2026 Lake City Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 398 S Marion Avenue in Lake City, this 1926 two-story office property includes approximately 2,079 heated square feet in the main building. The interior features hardwood and tile flooring, 9+ foot ceilings, original architectural elements, private restrooms, and a covered front porch. Electrical, plumbing, insulation, and the roof have been updated, with the roof replaced in 2020. Cooling is provided by wall units, and the property has CG zoning with public water service.

A detached carriage house adds a one-bedroom, one-bath apartment above two-car parking. The property sits near downtown businesses, restaurants, shopping, and government offices, providing a commercial setting with additional residential or living-space functionality subject to applicable approvals and licensing.

Key Highlights

  • 2,079 heated SF main building on 0.321 acres
  • Two‑story 1926 office property with original architectural details
  • CG zoning and public water service

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Storage Facility Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,090
Businesses Nearby

Demographics for 32025, FL

21,886
Population
9,162
Households
2.4
Avg Household Size
41
Median Age
16%
College-Educated
86%
High-School Grad
104.6 sq mi
ZIP Area
209
Density / Sq Mi
$47,074
Median Household Income
$37,493
Median Earnings
$943
Median Rent
$184,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Historic downtown property with a separate carriage house, apartment, and updated building systems.
Where is this office building located?
The property is located at 398 S MARION Lake City, FL.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: 2,079 heated SF main building on 0.321 acres; Two‑story 1926 office property with original architectural details; CG zoning and public water service
More about this property
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