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Lasbury Tracy Realty Inc
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$349,000

Active

398 S Marion Ave, Lake City, FL 32025

2,559 sq ft

Listing courtesy of BOSSHARDT REALTY SERVICES LLC · MLS# GC542575

77 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

HISTORIC COMMERCIAL PROPERTY WITH ENDLESS POSSIBILITIES! Bring your vision to 398 S Marion Avenue in downtown Lake City! This beautifully restored 1926 property combines historic charm, modern improvements, and Commercial General zoning, creating an exciting opportunity for an investor, entrepreneur, or business owner. Potential uses include professional offices, boutique business space, Airbnb, bed and breakfast, or other commercial ventures, subject to applicable approvals and licensing. The two-story main building offers approximately 2,079 heated sf, beautiful hardwood floors, 9+ foot ceilings, original architectural details, an inviting covered front porch, updated electrical and plumbing, a 2020 roof, updated insulation, & numerous additional improvements. A separate carriage house with 2-car parking and a 1-bedroom, 1-bath apartment upstairs adds even more flexibility and potential. Located near the heart of downtown Lake City with convenient access to businesses, restaurants, shopping, and government offices, this is much more than a building—it's an opportunity to create something truly special.

Facts

Property type
Mixed Use
Year built
1926
Exposure
East
Flood zone
X
Annual taxes
$2,400/yr
Listed
Aug 6, 2026
MLS #
GC542575

Commercial details

Building & site

Building size
2,673 SF
Lot size
0.32 acres (13,983 SF)
Road frontage
State Road
Buildings
2
Occupancy
Owner-occupied

Investor metrics

Price per SF (MLS)
$130.56/SF

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

Price & status history

  1. Listed for $359,000
  2. Price reduced to $349,000from $355,000

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Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

398 S Marion Ave, Lake City, FL 32025

Listing courtesy of BOSSHARDT REALTY SERVICES LLC · MLS# GC542575 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Request a tourCall

Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 11:13 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]