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Mixed-Use Complex with Warehouse
New
For Sale
$775,000

743 N MARION Avenue, Lake City, FL 32055

Residential, Lake City, FL

Property Size5,406 SF
Price / SF$143.36
Days on Market2

Property Features for 743 N MARION Avenue

General Information

Property type Commercial Sale
Property subtype Single Family Residence
Zoning description Single Family
Bedrooms 8
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 4, Bathroom 6, Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 5, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 7, Bedroom 3
Parking features RV, Parking Lot, Covered
Security features Security
Exterior features Balcony
Fencing Privacy, Chain Link, Fenced
Appliances Dryer, Electric Range, Microwave, Refrigerator, Washer
Subdivision Metes & Bounds
Lot features Cleared, Corner Lot, Split Possible
View City
Directions From the intersection of US-441 and US-90, head North on US-441/Marion Ave, property will be on your right. Please use entrance at electric security gate directly off Marion Ave.
Standard status Active
APN 00000010969000
Size 5,406 SF

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Multi Units, Window Unit(s), Central Air, Wall/Window Unit(s)
Water source Public

Building Details

Year built 1964
Floors in Building 3
Flooring type Carpet, Laminate, Concrete, Tile
Building materials Concrete
Roof type Metal
Listing Agency: CW REALTY
Listed By: STEVEN M MILLIGAN
Added: Sep 10 Last Checked: Sep 11 at 10:06PM
MLS# 2164365

Copyright © 2026 realMLS. 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.

This mixed-use complex combines a 12,249-square-foot concrete warehouse with three large bays and two additional concrete residential buildings. Two warehouse bays have current tenants, and the bays may be leased independently for storage or light manufacturing. Building 2 contains 2,452 total square feet with three bedrooms, two bathrooms, a kitchen, laundry room, and living area. Building 3 is a three-story concrete structure totaling 5,051 square feet, with three separate living spaces and bedroom, bathroom, kitchen, and living areas on each floor. The third floor includes a balcony.

The warehouse roof was replaced in 2024. Both residential buildings received new HVAC systems, and roof coating was installed in 2023. The sale includes an adjoining approximately 80'x50' parcel with commercial security fencing and a private entrance. Mixed zoning includes partial residential zoning, and the property is located three blocks north of the Historic District in Lake City.

Key Highlights

  • 12,249 sqft concrete warehouse configured as three independent bays
  • Two warehouse bays currently have tenants
  • Building 3 totals 5,051 sqft across three stories and three living spaces

Property Analytics

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Current Use

BPMC Charitable Organization

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Catering Service Furniture & Home Goods Bakery

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
Fenced yard

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby

Demographics for 32055, FL

16,624
Population
7,498
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
84%
High-School Grad
184.4 sq mi
ZIP Area
90
Density / Sq Mi
$57,328
Median Household Income
$30,840
Median Earnings
$873
Median Rent
$161,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Concrete warehouse bays and multiple residential spaces support storage, light manufacturing, and onsite living uses.
Where is this mixed-use property located?
The property is located at 743 N MARION Avenue Lake City, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 12,249 sqft concrete warehouse configured as three independent bays; Two warehouse bays currently have tenants; Building 3 totals 5,051 sqft across three stories and three living spaces
More about this property
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