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370 SE Craig Ave 1,152 SF 42% Leased Office Building Lake City, FL 32025 $500,000 ($434.03/SF)
Investment Highlights
- AMPLE FRONTAGE ON SE BAYA DR
- WILL LEASE FOR $26/SQ FT
- CITY UTILITIES
Executive Summary
Commercial property FOR SALE OR LEASE with additional income-producing residential home on site. CI zoning offers broad commercial flexibility and features a large open space (appx 1,152 SqFt built in 2008) with concrete flooring, kitchen area, and restroom, well suited for retail, service, or other commercial uses. Excellent visibility and frontage along SE Baya Drive. The property also includes a separate concrete block 3BR/1BA residence (appx 950 SqFt built in 1960) with a new metal roof, currently leased for $1,500 per month through 5/31/2026, providing immediate rental income. Ideal opportunity for an owner-user or investor seeking commercial space with supplemental income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,152 SF
Building Class
C
Year Built
1960
Price
$500,000
Price Per SF
$434.03
Percent Leased
42%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,152 SF
Building FAR
0.03
Lot Size
0.97 AC
Zoning
CI - Commercial Intensive (zoning regulations are attached)
Parking
6 Spaces (5.21 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
The sky is the limit with CI zoning that features a large open space w/concrete flooring, kitchen, and rest room; great potential for retail use! Great Commercial Lease location with frontage on SE Baya Drive; will lease for $1,700/month
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 2 | 1,152 SF | Office | - | Now |
1st Fl-Ste 2
| Size |
| 1,152 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 2
| Size | 1,152 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
The sky is the limit with CI zoning that features a large open space w/concrete flooring, kitchen, and rest room; great potential for retail use! Great Commercial Lease location with frontage on SE Baya Drive; will lease for $1,700/month
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 33-3S-17-06849-000 | Improvements Assessment | $159,290 |
| Land Assessment | $77,001 | Total Assessment | $236,291 |
Property Taxes
Parcel Number
33-3S-17-06849-000
Land Assessment
$77,001
Improvements Assessment
$159,290
Total Assessment
$236,291
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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370 SE Craig Ave
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