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    Lake City, FL Restaurants for Sale

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    Fort White, FL O Brien, FL Wellborn, FL
    Commercial Property in Lake City
    $795,000
    0.39 Acres
    Commercial Property in Lake City

    535 SW MAIN BLVD, Lake City, FL 32024

    Commercial property suitable for various uses, formerly a restaurant.
    • Versatile property suitable for various uses, formerly a restaurant.
    • Durable concrete and stucco construction.
    • Central heating and air conditioning.
    • Multiple flooring types including tile and linoleum.
    • Located within city limits.
    Updated: May 6
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    Lake City Commercial Building on 5 Acres
    $289,000
    2,688 SF
    Lake City Commercial Building on 5 Acres

    22888 SW SR 247, Lake City, FL 32024

    Commercial building with open area, kitchen, and outdoor patio on 5 acres.
    • 5 acres on paved SR 247
    • 2688 sq ft building suitable for business
    • Stainless steel kitchen appliances
    • Enjoy the outdoor covered patio
    • Handicap accessible with ramp and facilities
    Updated: Sep 8, 2025
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    Seafood Market with Drive-Thru
    $189,000
    2,249 SF
    Seafood Market with Drive-Thru

    Hybrid seafood retail and QSR operation with drive-thru.

    452 N Marion Ave, Lake City, FL 32055

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    Retail Center on Highway 90
    $5,561,000
    7,671 SF
    Retail Center on Highway 90

    Fully leased retail center with strong tenants and high visibility.

    2888 W US Hwy 90, Lake City, FL

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    Multi-Tenant Investment Property For Sale
    $385,000
    3,640 SF
    Multi-Tenant Investment Property For Sale

    Multi-tenant property with restaurant and automotive businesses in Lake City.

    1100 Marion Rd, Lake City, FL 32055

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Lake City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Two-Story Fireplace Building
    $499,900
    8,793 SF
    Historic Two-Story Fireplace Building

    Built in 1915, this two-story structure offers flexible space for hospitality or specialty concepts under CI zoning.

    400 OHIO AVE, Live Oak, FL 32064

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    Freestanding Popeyes Restaurant in Alachua
    $2,666,667
    1,930 SF
    Freestanding Popeyes Restaurant in Alachua

    Single tenant NNN Popeyes in Alachua, Florida for sale.

    15655 NW Us Highway 441, Alachua, FL

    View details
    Downtown Commercial Building with Potential
    $399,900
    6,727 SF
    Downtown Commercial Building with Potential

    Two-story commercial building in downtown Live Oak with endless potential.

    109 N Ohio Ave, Live Oak, FL 32064

    View details
    US-441 Frontage Auto Repair Site
    $800,000
    1,840 SF
    US-441 Frontage Auto Repair Site

    Highly visible commercial site with auto repair building in Alachua.

    16260 NW US Hwy 441, Alachua, FL 32615

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Lot Near I-75
    $250,000
    1.02 Acres
    Commercial Lot Near I-75

    Commercial land in a rapidly developing area near major routes.

    637 SW COMMERCE DR, Lake City, FL 32025

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    Commercial Lot in Lake City
    $250,000
    1.02 Acres
    Commercial Lot in Lake City

    Prime commercial lot in a fast-developing area near I-75.

    TBD SW COMMERCE DR, Lake City, FL 32025

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    Commercial Lot Near I-75
    $300,000
    2.04 Acres
    Commercial Lot Near I-75

    Commercial land in a rapidly developing area near major routes.

    TBD SW COMMERCE DR, Lake City, FL 32025

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    Commercial Lot in Developing Area
    $100,000
    1.00 Acre
    Commercial Lot in Developing Area

    Commercial lot in a rapidly developing area near major routes.

    TBD SW COMMERCE DR, Lake City, FL 32025

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    Off-Market Properties in Lake City, FL

    Consider similar Off-Market properties in Lake City, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2847 Us Hwy 90
    RESTAURANT
    5,289 SF Lot: 1.38 Acres
    Value Estimation by Request

    2847 Us Hwy 90, Lake City, FL 32055-4757

    View details
    122 Patterson Ave
    NIGHTCLUB (COCKTAIL LOUNGE)
    3,252 SF Lot: 0.40 Acres
    Value Estimation by Request

    122 Patterson Ave, Lake City, FL 32055

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    176 Centurion Ct
    RESTAURANT
    3,160 SF Lot: 1.52 Acres
    Estimated value
    $1,965,000

    176 Centurion Ct, Lake City, FL 32055-5827

    View details
    1115 Us Hwy 90
    RESTAURANT
    2,666 SF Lot: 0.46 Acres
    Value Estimation by Request

    1115 Us Hwy 90, Lake City, FL 32055-3751

    View details
    535 Main Blvd
    RESTAURANT
    3,732 SF Lot: 0.39 Acres

    535 Main Blvd, Lake City, FL 32025-5782

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    280 Main Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,659 SF Lot: 0.99 Acres
    Estimated value
    $3,000,000

    280 Main Blvd, Lake City, FL 32025-7087

    View details
    507 Marion Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,001 SF Lot: 0.53 Acres
    Value Estimation by Request

    507 Marion Ave, Lake City, FL 32025-5274

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    3081 Us Hwy 90
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,196 SF Lot: 1.28 Acres
    Estimated value
    $1,990,000

    3081 Us Hwy 90, Lake City, FL 32055-4731

    View details
    180 Main Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,109 SF Lot: 0.67 Acres
    Estimated value
    $1,865,000

    180 Main Blvd, Lake City, FL 32025-4351

    View details
    3322 Us Hwy 90
    RESTAURANT
    4,268 SF Lot: 2.35 Acres
    Estimated value
    $1,065,000

    3322 Us Hwy 90, Lake City, FL 32055-4733

    View details
    313 Baya Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,295 SF Lot: 0.89 Acres
    Estimated value
    $1,210,000

    313 Baya Dr, Lake City, FL 32025-5286

    View details
    394 Cmns Loop
    RESTAURANT
    3,698 SF Lot: 1.25 Acres
    Estimated value
    $1,540,000

    394 Cmns Loop, Lake City, FL 32055-7705

    View details
    3289 Us Hwy 90
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,367 SF Lot: 1.01 Acres
    Estimated value
    $2,015,000

    3289 Us Hwy 90, Lake City, FL 32055-4734

    View details
    1659 Us Hwy 90
    RESTAURANT
    4,588 SF Lot: 0.79 Acres
    Estimated value
    $870,000

    1659 Us Hwy 90, Lake City, FL 32055-6125

    View details
    2383 Us Hwy 90
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,648 SF Lot: 0.65 Acres
    Estimated value
    $1,650,000

    2383 Us Hwy 90, Lake City, FL 32055-4727

    View details
    2668 Bascom Norris Dr
    RESTAURANT
    1,734 SF Lot: 0.13 Acres
    Value Estimation by Request

    2668 Bascom Norris Dr, Lake City, FL 32055-6505

    View details
    3696 Us Hwy 441
    NIGHTCLUB (COCKTAIL LOUNGE)
    5,229 SF Lot: 0.90 Acres
    Value Estimation by Request

    3696 Us Hwy 441, Lake City, FL 32025-0301

    View details
    121 Main Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,102 SF Lot: 0.42 Acres
    Value Estimation by Request

    121 Main Blvd, Lake City, FL 32055-3947

    View details
    334 Commerce Dr
    RESTAURANT
    12,154 SF Lot: 3.63 Acres
    Estimated value
    $625,000

    334 Commerce Dr, Lake City, FL 32025-8313

    View details

    Lake City, FL Restaurants Investment Opportunities Market Analysis

    Explore 72 restaurants for sale in Lake City, FL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,248 square feet of properties for sale, with an estimated market value of $6,424,000.

    Sale prices for restaurant properties in Lake City, FL start at $189,000, averaging $1,606,000, and reaching up to $5,561,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 5
    Coffee shops 1

    Demographics Overview

    Population 61K
    Population Growth (5Y) +2.9%
    Median Household Income $55,009
    College Educated 16.7%

    High-Yield Neighborhoods for Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32055 $287K
    32024 $542K

    Taxes & Financing

    Tax Rate (average for all types) 1.88%
    Property Tax per SF $44.22 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Columbia County

    New Delisted

    Total CRE Inventory on Market (SF)

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