260 Marion AVE, Lake City, FL 32025
260 Marion AVE, Lake City, FL 32025,Video Tour
260 Marion AVE, Lake City, FL 32025
260 Marion AVE, Lake City, FL 32025
260 Marion AVE, Lake City, FL 32025
260 Marion AVE, Lake City, FL 32025
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$ 1,120,000
Est. payment | /mo

16,050 SqFt


$ 1,120,000
Est. payment | /mo

16,050 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Pending

Purchase Type For Sale

Square Footage 16,050 sqft

Price per Sqft $69

Subdivision Not On The List

MLS Listing ID 1215119

Year Built 1975

Annual Tax Amount $13,285

Lot Size 0.964 Acres

Lot Dimensions 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

Community Not On The List

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.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Exterior

Parking Features Parking Lot

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Building

Lot Description Other

Water Public

Structure Type Block,Concrete,Stucco

Others

Senior Community No

Tax ID 00-00-00-12784-001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.zillow.com/view-imx/6266c4f2-b603-4fd2-b263-87695000ac1d/?utm_source=captureapp

Listed by Simply Real Estate

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260 Marion AVE