260 S Marion Avenue, Lake City, FL 32025 (MLS# 1215119)

260 S Marion Avenue, Lake City, FL 32025

$1,120,000

Virtual Tour

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

Property Type: Commercial Sale Square Footage: 16,050 Lot Size (sq. ft.): 41,992 Status: Pending

Current Price: $1,120,000 List Date: 6/30/2025 Last Modified: 4/14/2026

Overview

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.

Listing Details MLS# 1215119

General Property Information

Number Of Units Total: 8
Building Area Total: 16050
Building Area Source: Public Records
Year Built: 1975
Lot Size Acres: 0.964
Land Lease YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
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.
List Price/SqFt: 69.78

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

Contract Information

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: 2026-04-14T19:35:41Z
Major Change Type: Status Change
Price Change Timestamp: 2026-03-27T15:42:41Z
Purchase Contract Date: 2026-04-14

Unit 1 Details

Unit ID: 135
Unit SqFt: 3181
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Defer to agent
Annual Rent: 0

More Information

Unit 2 Details

Unit ID: Unit 110
Unit SqFt: 922
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Defer to agent
Annual Rent: 0

Unit 3 Details

Unit ID: 115
Unit SqFt: 922
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Defer to agent
Annual Rent: 0

Unit 4 Details

Unit ID: 125
Unit SqFt: 968
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Defer to agent
Annual Rent: 0

Unit 5 Details

Unit ID: 101
Unit SqFt: 1650
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Defer to agent
Annual Rent: 0

Unit 6 Details

Unit ID: 105
Unit SqFt: 2600
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Defer to agent
Annual Rent: 0

Unit 7 Details

Unit ID: 140
Unit SqFt: 971
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Defer to agent
Annual Rent: 0

Unit 8 Details

Unit ID: 160
Unit SqFt: 1970
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Defer to agent
Annual Rent: 0

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: Yes
See Remarks: Yes

Construction Materials

Block: Yes
Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Commercial: Yes
Office: Yes

Flooring

Carpet: Yes
Laminate: Yes
Vinyl: Yes

Heating

Central: Yes
Electric: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Parking Features

Parking Lot: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Business Type

Professional Service: Yes
Other: Yes

Location

City: Yes

Sale Includes

Building & Land: Yes

Listing Office: Simply Real Estate

Last Updated: April - 14 - 2026

Information deemed reliable but not guaranteed.

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