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

398 S Marion Ave, Lake City, FL 32025

Restored commercial property with updated systems, architectural character, and a separate carriage house with apartment space.

Property Size2,559 SF
Price / SF$140.29
Days on Market15

Property Features for 398 S Marion Ave

General Information

Standard status Active
Size 2,559 SF
Total Parking Spaces 2
Zoning Commercial General

Amenities

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

Building Details

Year Built 1926
Buildings 2
Listing Agency: BOSSHARDT REALTY SERVICES LLC
Listed By: Kristine Wendig · License #259505453
Source: Whitneyperkinsteam
Added: Aug 16 Changed: Aug 28 Last Checked: Aug 29 at 12:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BOSSHARDT REALTY SERVICES LLC

Investment Insights

Based on property information with market context.

Built in 1926, this two-story office property combines preserved architectural details with modern improvements. The main building contains approximately 2,079 heated square feet, hardwood floors, ceilings exceeding 9 feet, and a covered front porch. Electrical, plumbing, insulation, and the roof have been updated, with the roof replaced in 2020. Commercial General zoning is in place, and potential uses identified for the property include professional offices, boutique business space, Airbnb, and bed and breakfast operations, subject to applicable approvals and licensing.

A separate carriage house adds a one-bedroom, one-bath apartment above two-car parking. The property is located near downtown Lake City, with access to businesses, restaurants, shopping, and government offices.

Key Highlights

  • 1926 construction with restored architectural details
  • Approximately 2,079 heated SF in the two‑story main building
  • Commercial General zoning with office and other commercial use potential, subject to approvals

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Catering 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.

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 - Restored commercial property with updated systems, architectural character, and a separate carriage house with apartment space.
Where is this office building located?
The property is located at 398 S Marion Ave 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: 1926 construction with restored architectural details; Approximately 2,079 heated SF in the two‑story main building; Commercial General zoning with office and other commercial use potential, subject to approvals
More about this property
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