$1,650,000
Prime commercial investment opportunity located on highly trafficked US-90 directly across from the Lake City Mall, with an AADT of 26,500. This fully occupied property offers 0% vacancy with four established tenants in place: El Potro Mexican Restaurant, InstaLoan, Hertz Car Rental, and a smoke shop, providing immediate and consistent income. The property includes two buildings: a 3,010 heated square foot (3,913 total) restaurant originally built in 1979, and a 6,000 heated square foot (7,176 total) strip center built in 1985. The diverse tenant mix enhances stability and long-term income potential. With its strong visibility, high traffic count, and established tenancy, this property presents an excellent opportunity for investors seeking a stabilized commercial asset in a prime location.
From I-75/US-90 go West on US-90 0.9 miles to Olustee Centre on right just past Rountree Moore Ford
Handicap Facilities, Private Restrooms
| MLS # | 130644 |
|---|---|
| Date Listed | 2026-03-17 |
| Status | Active |
| Property Type | Commercial |
| Property SubType | Commercial |
| Square Feet | 9010 sqft |
| Construction Stage | Existing Resale |
| Style | Single Story |
| Type | Multiple Materials |
| Year Built | 1985 |
| Days on Market | 58 |
| Zoning | CI |
| Florida Room | No |
|---|---|
| Design | Single Story |
| Floors | Other-See Remarks |
| Cooling | Central Electric |
| Heating | Central Electric |
| Windows | Aluminum |
| Construction | Multiple Materials |
|---|---|
| Exterior | Large Lot,Handicap Access,Signs |
| Lot Size | 200x665x201x641 sq ft |
| Acreage | 1.45 Acre |
| Parking | Private, Paved |
| Roof | Metal |
| Road | Paved,US Highway |
| Sewer | Public Connected |
| Water | Public Connected |
| Area | 2-Sw. Us 90 - W. Us 441 Columbia |
|---|---|
| Location | Inside |
| County | Columbia |
| City | Lake City |
| State | FL |
| Zip | 32055 |
| Flood Zone | X |
| Financing Terms | Cash, Conventional |
|---|---|
| Association Special Assessment | No |
MLS# 130644
IDX information provided by the North Florida MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Tom H. Eagle
Daniel Crapps Agency, Inc
Listing updated March 17, 2026 at 5:03 pm
Last checked 4 minutes ago