743 N Marion Avenue, Lake City, FL 32055

$775,000
5,406
SqFt

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List Price
$775,000
Status
ACTIVE
Days on Market
2
MLS#
GC543432
Subtype
Commercial Sale
Style
Three+ Story
Year Built
1964
Living Area
5,406
Lot Size
38,246
Acres
0.97
MLS Area Major
Lake City

Property Description

The possibilities are endless! This mixed zoning complex offers up over 19,000 sqft under roof. Prior concrete factory with 12,249 sqft has been converted into three massive bays which could be used for a multitude of storage or light manufacturing applications. Each bay can be leased independently, two of which have current tenants. Apart from the warehouse there are two concrete buildings with residential amenities. Building 2 has 2,452 total sqft with 3 bedrooms, 2 bathrooms, a kitchen, laundry room, and living space. Building 3 is a three story concrete building with 5,051 total sqft containing 3 separate living spaces. Each floor has its own bedrooms, bathrooms, kitchen, and living areas. 3rd floor has been tastefully updated and features a balcony overlooking the complex. Other improvements to the complex have focused on big ticket items, with a new roof being placed on the 12,000+ sqft warehouse in 2024. The residential spaces have three brand new HVAC systems keeping both buildings cool and a roof coating was installed in 2023 to both buildings to ensure maintenance free management for years to come. Sale includes adjoining parcel that is approximately 80'x50' in size, with commercial security fencing and private entrance - a perfect leasing space for vehicle and equipment storage. You will not find a property with more income producing spaces that also has partial residential zoning that will allow for owner/manager to live onsite and take advantage of a homestead exemption. Just 3 blocks north of the Historic District. Schedule your private tour today.

Additional Information

Financing
Cash, Commercial Financing, Other
Community Features
No Deed Restriction
Property Description
Three+ Story
Appliances
Dryer, Refrigerator, Washer
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Concrete
Stories
3
Levels
Three Or More
Roof
Metal
Foundation
Block, Other
Parking
Ground Level, Other, RV Access/Parking
Parking Features
Ground Level, Other, RV Access/Parking
Garage Features
Ground Level, Other, RV Access/Parking

Listing Courtesy of CW REALTY, INC. - KEYSTONE HEIGHTS, Contact: 352-478-8490

Listing courtesy of CW REALTY, INC. - KEYSTONE HEIGHTS. Contact: 352-478-8490

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