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Active - Mixed Use for sale

398 S MARION AVENUE, Lake City, FL

2,559 sqft

Facts & features

Mixed Use Property type
100 days on Beycome
1926 Year built
$136 Price/Sqft.
13,983 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of BOSSHARDT REALTY SERVICES LLC as distributed by MLS GRID.

Listed by: Kristine Wendig • kristinewendig@bosshardtrealty.com • BOSSHARDT REALTY SERVICES LLC

Co-listed by: BOSSHARDT REALTY SERVICES LLC

Source: Stellar MLS as distributed by MLS GRID, MLS#: GC542575 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$225,000$470,000
1%20%
0%90%
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Estimated monthly payment

$1,965/mo

  • Mortgage$1,765
  • Property tax$200
  • HOA fee
  • Homeowners insurance
Due at closing$277,455
Down payment held in escrow$69,800
Closing costs$5,235
beycome credit Est.$6,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Ashurst Sub

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$349,000 Listed price

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$6,980 Credit back

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