There are multiple listings for this address:
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.
Property Details
Price:
$359,000
MLS #:
GC542546
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Mixed Use
Subdivision:
ASHURST SUB
Neighborhood:
32025lakecity
Listed Date:
Aug 12, 2026
Finished Sq Ft:
2,559
Total Sq Ft:
2,673
Lot Size:
13,983 sqft / 0.32 acres (approx)
Year Built:
1926
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Exterior
Construction Materials
Wood Frame, Wood Siding
Direction Faces
East
Roof
Metal
Financial
Tax Year
2025
Taxes
$2,400
Map
Community
- Address398 S MARION AVENUE LAKE CITY FL
- SubdivisionASHURST SUB
- CityLAKE CITY
- CountyColumbia
- Zip Code32025
Subdivisions in LAKE CITY
- 10TH FAIRWAY VILLA
- AZALEA PARK SUB
- BARWICK SUB
- CALLAWAY
- CANNON CREEK PLACE
- CENTRAL DIV/LAKE CITY
- CENTURY OAK SUB
- COLUMBIA MEADOWS SUB
- COMMANDER ROW/ CANNON CREEK AIR PARK
- CYPRESS LANDING SUB
- E L PATTERSON
- EBENEEZER HAVEN SUB
- FAIRFIELD BROOK
- FAIRFIELD HILLS
- FLORA CREST FARMS
- FOREST COVE
- FOREST PLANTATION
- GREEN ACRES SUB
- HIGHLAND ESTATES
- HILLS/HUNTSVILLE
- HOLLY BROOK
- JEWEL LAKE PH 1
- KIMBERLY OAKS
- KRIPNERS
- KRIPPNERS SUB
- LAKE CITY
- LAKE VILLAS
- LESLIE SUB
- MAGNOLIA PLACE
- MAULDIN WOODLANDS SUB
- MCELROYS SUB
- MELROSE PARK SUB
- METES & BOUNDS
- MORNINGSIDE HEIGHTS SUB
- NICELY ACRES
- NO
- NOT IN SUBDIVISION
- OAK HILL ESTATES REP SUB
- OAKFIELD ACRES PH II
- OLIVIA ADD
- OSEOLA ESTATES
- PARNELL HILLS SUB
- PICCADILLY PARK SOUTH SUB
- PICCADILLY PARK SUB
- PINE ACRES
- PRESERVE AT LAUREL LAKES
- PRESERVE/LAUREL LAKE
- ROLLING PINES
- RUSSWOOD ESTATES
- SEGREST
- SHADY OAKS ACRES
- SOUTHERN APPROACHES SUB
- SOUTHWOOD ACRES SUB
- SPRING HOLLOW SUB
- STAR LAKE ESTATES
- STARLAKE ESTATES
- SUMMERS SURVEY
- SUWANNEE VALLEY ESTATES
- THE PRESERVE AT LAUREL LAKE
- TURKEY RUN SUB
- VILLAGE ON THE GREEN SUB
- VILLAGE SUB
- WESTWOOD ACRES SUB
- WOODBOROUGH PH 01
- WOODGATE VILLAGE
- YOUNG’S SURV
Market Summary
Current real estate data for Single Family in LAKE CITY as of Aug 28, 2026
64
Single Family Listed
111
Avg DOM
216
Avg $ / SqFt
$457,402
Avg List Price
Property Summary
- Located in the ASHURST SUB subdivision, 398 S MARION AVENUE LAKE CITY FL is a Single Family for sale in LAKE CITY, FL, 32025. It is listed for $359,000 and features 4 beds, 3 baths, and has approximately 2,079 square feet of living space, and was originally constructed in 1926. The current price per square foot is $173. The average price per square foot for Single Family listings in LAKE CITY is $216. The average listing price for Single Family in LAKE CITY is $457,402. To schedule a showing of MLS#gc542546 at 398 S MARION AVENUE in LAKE CITY, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby
Courtesy of BOSSHARDT REALTY SERVICES LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 398 S MARION AVENUE
LAKE CITY, FL
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.
Property Details
Price:
$359,000
MLS #:
GC542575
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Subdivision:
ASHURST SUB
Neighborhood:
32025lakecity
Listed Date:
Aug 12, 2026
Finished Sq Ft:
2,559
Total Sq Ft:
2,673
Lot Size:
13,983 sqft / 0.32 acres (approx)
Year Built:
1926
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Exterior
Construction Materials
Wood Frame, Wood Siding
Direction Faces
East
Roof
Metal
Financial
Tax Year
2025
Taxes
$2,400
Map
Community
- Address398 S MARION AVENUE LAKE CITY FL
- SubdivisionASHURST SUB
- CityLAKE CITY
- CountyColumbia
- Zip Code32025
Subdivisions in LAKE CITY
- 10TH FAIRWAY VILLA
- AZALEA PARK SUB
- BARWICK SUB
- CALLAWAY
- CANNON CREEK PLACE
- CENTRAL DIV/LAKE CITY
- CENTURY OAK SUB
- COLUMBIA MEADOWS SUB
- COMMANDER ROW/ CANNON CREEK AIR PARK
- CYPRESS LANDING SUB
- E L PATTERSON
- EBENEEZER HAVEN SUB
- FAIRFIELD BROOK
- FAIRFIELD HILLS
- FLORA CREST FARMS
- FOREST COVE
- FOREST PLANTATION
- GREEN ACRES SUB
- HIGHLAND ESTATES
- HILLS/HUNTSVILLE
- HOLLY BROOK
- JEWEL LAKE PH 1
- KIMBERLY OAKS
- KRIPNERS
- KRIPPNERS SUB
- LAKE CITY
- LAKE VILLAS
- LESLIE SUB
- MAGNOLIA PLACE
- MAULDIN WOODLANDS SUB
- MCELROYS SUB
- MELROSE PARK SUB
- METES & BOUNDS
- MORNINGSIDE HEIGHTS SUB
- NICELY ACRES
- NO
- NOT IN SUBDIVISION
- OAK HILL ESTATES REP SUB
- OAKFIELD ACRES PH II
- OLIVIA ADD
- OSEOLA ESTATES
- PARNELL HILLS SUB
- PICCADILLY PARK SOUTH SUB
- PICCADILLY PARK SUB
- PINE ACRES
- PRESERVE AT LAUREL LAKES
- PRESERVE/LAUREL LAKE
- ROLLING PINES
- RUSSWOOD ESTATES
- SEGREST
- SHADY OAKS ACRES
- SOUTHERN APPROACHES SUB
- SOUTHWOOD ACRES SUB
- SPRING HOLLOW SUB
- STAR LAKE ESTATES
- STARLAKE ESTATES
- SUMMERS SURVEY
- SUWANNEE VALLEY ESTATES
- THE PRESERVE AT LAUREL LAKE
- TURKEY RUN SUB
- VILLAGE ON THE GREEN SUB
- VILLAGE SUB
- WESTWOOD ACRES SUB
- WOODBOROUGH PH 01
- WOODGATE VILLAGE
- YOUNG’S SURV
Market Summary
Current real estate data for Commercial in LAKE CITY as of Aug 28, 2026
64
Commercial Listed
111
Avg DOM
216
Avg $ / SqFt
$457,402
Avg List Price
Property Summary
- Located in the ASHURST SUB subdivision, 398 S MARION AVENUE LAKE CITY FL is a Commercial for sale in LAKE CITY, FL, 32025. It is listed for $359,000 To schedule a showing of MLS#gc542575 at 398 S MARION AVENUE in LAKE CITY, FL, contact your CENTURY 21 Carioti agent at 2392986550.