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    508 N Marion Ave Lake City, FL 32055

    Sponsored
    For Sale
    $249,000

    Commercial Building - Lake City, FL

    Days on Market:
    74
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 508 N Marion Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    00-00-00-11998-000
    Parking features
    Garage

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1930
    Year renovated
    1930
    Floors in Building
    1
    Flooring type
    Carpet
    Roof type
    Metal
    Architectural style
    Other

    Empire Realty of North Florida, Inc. (386) 626-8004

    Listing agent Matthew Rende (386) 626-8004

    Listing date Oct 24, 2025

    MLS# 11578164 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building in Downtown Lake

    Located in downtown Lake City, this commercial building offers an open floor plan suitable for various business purposes, including retail stores and offices. The property features road frontage and shared parking in the rear. It is positioned to accommodate a range of creative business concepts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carrie's Closet Women'S Clothing Store Bounce Tyme Party Equipment Rental Service The Beehive Studios Recording Studio

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.63749
    Latitude
    30.195301

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    FAQs

    What type of property is this?
    Office building - Commercial building in Lake City suitable for store or office.
    Where is this office building located?
    The property is located at 508 N Marion Ave Lake City, FL.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Huge commercial building in buzzing downtown location.; - Open floor plan with plenty of space.; - Road frontage for high visibility.
    (386) 288-4253
    Request Owner's contact information
    508 N Marion Ave Lake City, FL 32055
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    Lake City, FL 32055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 N Marion Ave Lake City, FL 32055
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