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Restored Office Building with Carriage House
New
For Sale
$359,000

398 S MARION, Lake City, FL 32025

COMMERCIAL - Lake City, FL

Property Size2,079 SF
Lot Size0.32 Acres
Price / SF$172.68
Days on Market3

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

Building Details

Year built 1926
Floors in Building 2
Flooring type Hardwood, Tile - Porcelian
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 Last Checked: Aug 14 at 5:06AM
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.

Built in 1926, this two-story office property contains approximately 2,079 heated square feet and retains original architectural elements alongside updated electrical, plumbing, insulation, and a 2020 roof. Interior features include hardwood and tile flooring, 9+ foot ceilings, private restrooms, wall-unit cooling, and a covered front porch. The main building is complemented by a separate carriage house with two-car parking and an upstairs one-bedroom, one-bath apartment.

Located at 398 S Marion Avenue near downtown Lake City, the property is close to businesses, restaurants, shopping, and government offices. Commercial General zoning supports professional office use, while other potential applications—including boutique business space, a bed and breakfast, or short-term rental use—remain subject to applicable approvals and licensing.

Key Highlights

  • Office building constructed in 1926 with approximately 2,079 heated square feet
  • Commercial General zoning designation
  • Separate carriage house with 2‑car parking

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 - Two-story office property with updated systems, hardwood floors, covered porch, and a separate apartment above the carriage house.
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: Office building constructed in 1926 with approximately 2,079 heated square feet; Commercial General zoning designation; Separate carriage house with 2‑car parking
More about this property
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