370 SE Craig Ave - Office FOR SALE


Lake City, FL 32025- Watertown
$500,000 USD
386-397-3002
370 SE Craig Ave, Lake City, FL for Sale
$500,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

May '26


370 SE Craig Ave
Lake City, FL 32025
Watertown


OVERVIEW

Commercial property 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.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$252 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,210 SF

ZONING

CI

APN/PARCEL ID

33-3S-17-06849-000

ASK ABOUT THIS PROPERTY

Daniel CrappsDaniel Crapps Agency IncMore Info
386-397-3002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Daniel CrappsDaniel Crapps Agency IncMore Info
386-397-3002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.