Draft$440,000
254 NIGHTSHADE DRIVE
LAKE CITY, FL 32024
3 beds2 baths2,308 sqft
1 / 41
Active · Single Family
398 MARION AVENUE
LAKE CITY, FL 32025
Beds
—
Baths
—
Area
2,559 sqft
Single FamilyBuilt 192613,983 sqft lotWall/Window Unit(s)$140/sqft13 days on market
About this home
HISTORIC COMMERCIAL PROPERTY WITH ENDLESS POSSIBILITIES! Bring your vision to 398 S Marion Avenue in downtown Lake City! This beautifully restored 1926 property combines historic charm, modern improvements, and Commercial General zoning, creating an exciting opportunity for an investor, entrepreneur, or business owner. Potential uses include professional offices, boutique business space, Airbnb, bed and breakfast, or other commercial ventures, subject to applicable approvals and licensing. The two-story main building offers approximately 2,079 heated sf, beautiful hardwood floors, 9+ foot ceilings, original architectural details, an inviting covered front porch, updated electrical and plumbing, a 2020 roof, updated insulation, & numerous additional improvements. A separate carriage house with 2-car parking and a 1-bedroom, 1-bath apartment upstairs adds even more flexibility and potential. Located near the heart of downtown Lake City with convenient access to businesses, restaurants, shopping, and government offices, this is much more than a building—it's an opportunity to create something truly special.
Facts & features
Interior
- Living area
- 2,559 sqft
- Cooling
- Wall/Window Unit(s)
- Stories
- 2
Exterior & lot
- Lot size
- 13,983 sqft (0.32 ac)
- Roof
- Metal
- Construction
- Frame, Wood Siding
Financial
- Annual tax
- $2,400 (2025)
- Price / sqft
- $140/sqft
Property
- Property type
- Single Family
- Year built
- 1926
- Subdivision
- ASHURST SUB
- County
- Columbia
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR802238698
- Source
- Stellar MLS
Listed by Kristine Wendig · BOSSHARDT REALTY SERVICES LLC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOAEstimated monthly payment$2,015/mo
- Principal & interest
- $1,815/mo
- Property tax
- $200/mo
- Home insurance
- Left out until you enter a quote
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 6, 2026 | Listed | $359,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for LAKE CITY, FL are not connected yet, so this page does not show them.
Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home
Location
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