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$ 1,120,000
Est. payment /mo
Pending
260 S MARION AVE Lake City, FL 32025
14,195 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
Square Footage 14,195 sqft
Price per Sqft $78
MLS Listing ID V4943351
HOA Y/N No
Year Built 1975
Annual Tax Amount $13,461
Lot Size 0.960 Acres
Acres 0.96
Property Sub-Type Office
Source Stellar MLS
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.
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.
Location
State FL
County Columbia
Area 32025 - Lake City
Interior
Cooling Central Air
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block,Concrete
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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