16,842 sqft Flex/Retail Building | Lake City, FL 32025 | Columbia County
$1,250,000
1052 Southwest Main Boulevard, Lake City, FL 32025
16,842 sqft
Building Size
0.6 acres
Lot Area
Details:
Highlights:
- 16,842 SF Flex/Retail Building – Single-story building on 0.60 acres with 16,842 rentable SF.
- Prime Lake City Location – Frontage on US Highway 41 (±19,600 average annual daily traffic), minutes from I-75 & US-90, surrounded by national retailers.
- Versatile CG Zoning – Allows retail, office, medical, QSR/restaurant, automotive, lodging, flex, community center, and more.
- Income in Place – Nonprofit tenant paying $5,250/month; Current NOI: $47,077.67/year.
- Value-Add Potential – Projected NOI: $185,262/year with significant upside from below-market rents or repositioning.
- Well-Maintained Property – Roof replaced ~12 years ago, inspected within the last 2 years; full utilities connected.
- Onsite Parking & Accessibility – ADA compliant with dedicated parking for tenants and visitors.
- No Flood Zone – Lower insurance costs and reduced regulatory risk.
Description:
Address: 1052 SW Main Blvd Lake City, FL 32025
County: Columbia County
Zoning: CG
Parcel ID: 05-4S-17-07651-002
Building size: 16,842 sqft
Land size (sqft): 26,136
Land size (acre): 0.60
Layout: 1 building
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Potential Development: Retail Store/Plaza, General Commercial buildings, Restaurant/Cafe/ QSR, Laundromat, Convenience Store, Office Building, Medical Office building, Bank/ Financial Building, Hotel/Motel, Gas Station, Automotive, Car wash, Assisted Living, Church, Community Center, Strip Mall/Shopping Center etc.
Current Gross Rent: $5,250/month
Current NOI: $47,077.67
Potential Gross Rent: $17,298.14/month
Potential NOI: $185,262
Rentable Sqft: 16,842
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Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
Documents:
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Property_Appraiser_Lake.pdf
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