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    204 Marion Ave Lake City, FL 32055
    Property profile & analytics

    204 Marion Ave Lake City, FL 32055


    • Retail properties & Spaces
    • 83,595 SF
    • 1.01 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 204 Marion Ave

    Year built
    1910
    Lot size
    1.01 lot acres
    Property size
    83,595 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Columbia
    State
    Florida
    Longitude
    -82.6373
    Latitude
    30.1908
    More about this property
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