260 S Marion AVE, Lake City, FL 32025
260 S Marion AVE, Lake City, FL 32025
260 S Marion AVE, Lake City, FL 32025
260 S Marion AVE, Lake City, FL 32025
260 S Marion AVE, Lake City, FL 32025
260 S Marion AVE, Lake City, FL 32025
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Est.Price: ?

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Est. payment /mo

16,050 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 16,050 sqft

MLS Listing ID 1215119

Sold Date -

HOA Y/N No

Year Built 1975

Annual Tax Amount $13,285

Acres 0.96

Property Sub-Type Office

Source Daytona Beach Area Association of REALTORS®

Property Description

Executive Park Complex offers a strong investment opportunity with immediate income and long-term potential. The property consists of four buildings with a total of eight fully leased units, providing consistent cash flow from day one. Several tenants have been in place for many years, demonstrating a stable and reliable occupancy history.

Ideally located with convenient access to I-75, the property offers excellent accessibility and visibility for a variety of professional users.

With 100% occupancy and a well-established tenant base, this is a solid, income-producing asset. Recently priced at $1,120,000, below appraised value, the property presents an attractive opportunity for investors seeking both stability and upside potential.

Location

State FL

County Columbia

Area 98 - Any Other Area Off Of The Map

Direction From I-75 exit 427 go east on US Hwy 90 3.3 miles to right on Marion Ave (US Hwy 441), to right on Means St then first right into parking lot.

Region Lake City

City Region Lake City

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Laminate, Vinyl

Heat Source Central, Electric

Exterior

Parking Features Parking Lot

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Shingle

Road Frontage City Street

Building

Lot Description Other

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Block,Concrete,Stucco

Others

Tax ID 00-00-00-12784-001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Presently Leased

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Listed by Renae Cowdell • Simply Real Estate
Bought with Renae Cowdell • Simply Real Estate

NEARBY SCHOOLS & BUSINESSES

Derek Hill

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