743 N Marion Avenue, Lake City, FL 32055

Property Description

The possibilities are endless! This mixed zoning complex offers up over 19,000 sqft under roof. Prior concrete factory with 12,249 sqft has been converted into three massive bays which could be used for a multitude of storage or light manufacturing applications. Each bay can be leased independently, two of which have current tenants. Apart from the warehouse there are two concrete buildings with residential amenities. Building 2 has 2,452 total sqft with 3 bedrooms, 2 bathrooms, a kitchen, laundry room, and living space. Building 3 is a three story concrete building with 5,051 total sqft containing 3 separate living spaces. Each floor has its own bedrooms, bathrooms, kitchen, and living areas. 3rd floor has been tastefully updated and features a balcony overlooking the complex. Other improvements to the complex have focused on big ticket items, with a new roof being placed on the 12,000+ sqft warehouse in 2024. The residential spaces have three brand new HVAC systems keeping both buildings cool and a roof coating was installed in 2023 to both buildings to ensure maintenance free management for years to come. Sale includes adjoining parcel that is approximately 80'x50' in size, with commercial security fencing and private entrance - a perfect leasing space for vehicle and equipment storage. You will not find a property with more income producing spaces that also has partial residential zoning that will allow for owner/manager to live onsite and take advantage of a homestead exemption. Just 3 blocks north of the Historic District. Schedule your private tour today.