260 S Marion Avenue, Lake City, FL 32025
$1,120,000
Property Type:
Commercial Sale
Square Footage:
16,050
Lot Size (sq. ft.):
41,992
Status:
Active
Current Price:
$1,120,000
List Date:
6/30/2025
Last Modified:
3/27/2026
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.
More Information MLS# 1215119
General Property Information
Lot Size Acres: 0.964
Number Of Units Total: 8
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: 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.
Public Remarks: 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.
Building Area Total: 16050
Stories Total: 1
Building Area Source: Public Records
Land Lease YN: No
List Price/SqFt: 69.78
Year Built: 1975
Location, Tax, and Legal
Country: US
Parcel Number: 00-00-00-12784-001
Tax Annual Amount: 13285
Tax Year: 2024
Tax Legal Description: C DIV: BLOCK 49. ORB 533-625, 877-698,WD 1176-1379
Zoning Description: Professional/Office
Currently Not Used
Year Built: 1975
Building Name: Executive Park Complex
Lock Box Type
Combo: 1
See Remarks: 1
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Office: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Parking Features
Parking Lot: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: 135
Annual Rent: 0
Unit SqFt: 3181
# Units (This Type): 1
Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Defer to agent
Unit 2 Details
Unit ID: Unit 110
Annual Rent: 0
Unit SqFt: 922
# Units (This Type): 1
Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Defer to agent
Unit 3 Details
Unit ID: 115
Annual Rent: 0
Unit SqFt: 922
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Defer to agent
Unit 4 Details
Unit ID: 125
Annual Rent: 0
Unit SqFt: 968
# Units (This Type): 1
Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Defer to agent
Unit 5 Details
Unit ID: 101
Annual Rent: 0
Unit SqFt: 1650
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Defer to agent
Unit 6 Details
Unit ID: 105
Annual Rent: 0
Unit SqFt: 2600
# Units (This Type): 1
Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Defer to agent
Unit 7 Details
Unit ID: 140
Annual Rent: 0
Unit SqFt: 971
# Units (This Type): 1
Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Defer to agent
Unit 8 Details
Unit ID: 160
Annual Rent: 0
Unit SqFt: 1970
# Units (This Type): 1
Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Defer to agent
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Business Type
Professional Service: 1
Other: 1
Location
City: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,120,000
List Price: $1,120,000
Status: Active
Listing Contract Date: 2025-06-30
Property Sub Type: Office
Location Tax and Legal
Street Number: 260
Street Direction Prefix: S
Street Name: Marion
Street Suffix: Avenue
County: Columbia
State: FL
Postal Code: 32025
Subdivision Name: Not on the List
MLS Area Major: 98 - Any Other Area Off of the Map
Status Change Information
Major Change Timestamp: 2026-03-27T15:42:41Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-27T15:42:41Z
Property Features
Business Type: Professional Service; Other
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Electric
Current Use: Commercial; Office
Flooring: Carpet; Laminate; Vinyl
Heating: Central; Electric
Listing Terms: Cash; Conventional
Lock Box Type: Combo; See Remarks
Lot Features: Other
Parking Features: Parking Lot
Possession: Close Of Escrow
Road Frontage Type: City Street
Roof: Shingle
Sale Includes: Building & Land
Sewer: Public Sewer
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office:
Simply Real Estate
Last Updated: March - 27 - 2026
Information deemed reliable but not guaranteed.