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    204 Marion Ave Lake City, FL 32055

    Sponsored
    For Lease
    $18 SF/Yr

    Historic building, prime location, 1,476 sq ft.

    Lot size:
    83,595 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,476-square-foot commercial space is situated on the ground floor of the historic Blanche Hotel in downtown Lake City, Florida. Located at 204 N Marion Ave (US-441), this single-tenant property boasts three street-level access doors, offering excellent visibility and accessibility. The space features two private offices, a spacious front room ideal for various uses, a kitchen area, and two private restrooms. The layout is adaptable for a variety of businesses, including office, retail, or restaurant uses. A private back office with its own entrance presents a subleasing opportunity. The building itself is a three-story structure, part of a larger 83,595-square-foot complex, built in 1910 and situated on a 1.01-acre lot (APN: 00-00-00-12673-000). The property is zoned C-CBD. The annual lease is $29,520, with a $4,920 security deposit and a yearly lease term. Tenant expenses include water, sewer, electricity, interior maintenance, repairs, taxes, insurance, and CAM fees ($2 per square foot). The lease includes the business space only. The property is available for move-in late April, and showings can be arranged with 24-hour notice.

    Property Features for 204 Marion Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    83,595 SF
    Total Rate
    125392.5

    Building Details

    Year Built
    1910
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    1,476 SF
    Rate per SF
    $18

    HighLights

    • Handicap‑accessible interior with private restrooms and internet access.
    • Vinyl plank flooring.
    • Central electric heating.
    • Central electric cooling.
    • Irregular lot size with handicap access.
    • US Highway frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    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
    -82.6372683
    Latitude
    30.1908088

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    FAQs

    What type of property is this?
    Restaurant - Historic building, prime location, 1,476 sq ft.
    Where is this restaurant located?
    The property is located at 204 Marion Ave Lake City, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Handicap-accessible interior with private restrooms and internet access.; Vinyl plank flooring.; Central electric heating.
    Request Owner's contact information
    204 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.

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    Cap approach

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    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
    204 Marion Ave Lake City, FL 32055
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