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Wade M. Berlin

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  4. 260 Marion Avenue, LAKE CITY, FL 32025
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260 Marion Avenue
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PRICED AT ONLY: $1,120,000

Address: 260 Marion Avenue, LAKE CITY, FL 32025

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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  • MLS#: V4943351 ( Commercial Sale )
  • Street Address: 260 Marion Avenue
  • Viewed: 168
  • Price: $1,120,000
  • Price sqft: $70
  • Waterfront: No
  • Year Built: 1975
  • Bldg sqft: 16050
  • Days On Market: 272
  • Additional Information
  • Geolocation: 30.187 / -82.6375
  • County: COLUMBIA
  • City: LAKE CITY
  • Zipcode: 32025
  • Provided by: SIMPLY REAL ESTATE
  • Contact: Renae Cowdell
  • 386-677-0870
  • mfrmls
  • DMCA Notice

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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 14195.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Road Frontage Type: State Road
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: C DIV: BLOCK 49. 533-625, 877-698, WD 1176-1379,
  • Area Major: 32025 - Lake City
  • Parcel Number: 00-00-00-12784-001
  • Views: 168
Nearby Subdivisions
Central Divlake City   Lake City  

Contact Info

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  2. The Real Estate Professional You Deserve
  3. Mobile: 904.248.9848
  4. phoenixwade@gmail.com
Wade M. Berlin

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