Property Back to Market Report Property

260 S Marion Avenue, Lake City, FL 32025

$824,600
14,195
SqFt
Property Back to Market Report Property
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Sold Price
$824,600
List Price
$1,120,000
Status
Sold
Days on Market
288
Closing Date
May 29, 2026
MLS#
V4943351
Property Style
Office
Year Built
1975
Living Area
14,195
Lot Size
41,992
Acres
0.96
Total Acreage
1/2 to less than 1
MLS Area Major
Lake City
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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.

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Additional Information

Taxes Annual
$13461
Community Features
No Deed Restriction
Air Conditioning
Central Air
Exterior Construction
Block, Concrete
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
00-00-00-12784-001
Legal Description
C DIV: BLOCK 49. 533-625, 877-698, WD 1176-1379,
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Listing courtesy of SIMPLY REAL ESTATE. 386-677-0870

Selling Office: SIMPLY REAL ESTATE.

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