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Occupied Income-Producing Office Building

885 SW SISTERS WELCOME ROAD, Lake City, FL 32025

For Sale
$650,000

LAKE CITY, FL

Property Size3,250 SF
Price / SF$107.37
Days on Market92

Property Features for 885 SW SISTERS WELCOME ROAD

General Information

Property type Commercial Sale
Property subtype Office
Standard status Active
Size 6,054 SF

Additional Details

Tenant in Place Yes
Property Use Office
Condition Move-in Ready

Building Details

Year built 1993
Buildings 1
Listing Agency: Engel & Volkers Gainesville · Engel & Völkers
Listed By: Carrie Cason · License FL #0640972
Added: Aug 13 Changed: Nov 9 Last Checked: Nov 12 at 3:06AM
MLS# GC541763

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

Rey
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Investment Insights

Based on property information with market context.

This office building, constructed in 1993, is fully occupied by established tenants and provides an operating commercial asset with leases extending into 2027 and 2028. The existing occupancy supports continued use as an income-producing property while preserving the stated option for an eventual owner-user strategy.

The property is positioned within an established commercial corridor in Lake City, alongside professional and medical office buildings. Its current tenant profile, lease timeline, and office setting provide a clear foundation for continued commercial use.

Key Highlights

  • Fully occupied office building with established tenants
  • Leases renewing in 2027 and 2028
  • Constructed in 1993

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Guardian Ad Litem County Government Office

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Dental Office Bakery (Bike/Boat/Book/etc) Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

250
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Established commercial setting with existing tenants and future owner-user flexibility.
Where is this office building located?
The property is located at 885 SW SISTERS WELCOME ROAD Lake City, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully occupied office building with established tenants; Leases renewing in 2027 and 2028; Constructed in 1993
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