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654 SE Baya Ave

1,529 SF Office Building Lake City, FL 32025 £197,228 (£129/SF)

Investment Highlights

  • Convenient location with easy access
  • Plenty of local businesses close by
  • Flexible use of space
  • Crafstman like feel of the spaces

Executive Summary

Great opportunity to own your own office. This property holds zoning/use for commercial and residential. On just over a half acre so plenty of parking and room to expand. Well kept by current owner and turn key for you to occupy. Depending on how you use the current configuration you could have 5 offices (1 Team, 4 Executive) +/- Conference Room, Reception, Kitchen/Break Room, 2 Bathrooms and parking for 15 vehicles. Currently occupied by an engineering firm and may be available sooner than 2/11/25 depending on sales agreement.

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes £2,284 £1.49
Operating Expenses £396 £0.26

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual £2,284
Annual Per SF £1.49
Operating Expenses
Annual £396
Annual Per SF £0.26
Total Expenses
Annual £2,680
Annual Per SF £1.75

Property Facts

Sale Type
Owner User
Sale Condition
Design & Build
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,529 SF
Building Class
C
Year Built
1948
Price
£197,228
Price Per SF
£129
Tenancy
Single
Number of Floors
1
Typical Floor Size
1,529 SF
Building FAR
0.07
Lot Size
0.52 AC
Zoning
RO - Residential or Office
Parking
7 Spaces (4.58 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-00-00-13633-000
Land Assessment
£45,198 (2023)
Improvements Assessment
£77,560 (2023)
Total Assessment
£122,758 (2023)
Annual Taxes
£2,284 (£1.49/sf)
Tax Year
2024 Payable 2024
  • Listing ID: 33855259

  • Date on Market: 13/11/2024

  • Last Updated:

  • Address: 654 SE Baya Ave, Lake City, FL 32025

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