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4 Beds
3 Baths
2,174 sqft

$269,000

490 NW MADISON STREET, Lake City FL, 32055

Price per sqft$123.74
Built in1935
Property size2,174 sqft
Property typeResidential

Overview

Active

Listed Sep 28, 2026

Updated 9 days ago

Rare and versatile opportunity in the heart of Lake City! This distinctive 4-bedroom, 3-bathroom property offers approximately 2,174 SF of living space on approximately 0.57 acres, conveniently located just off a major highway with easy access to downtown, shopping, dining, medical facilities and surrounding commercial corridors. Completely fenced with two gated entrances, the property offers privacy, security and excellent flexibility for a variety of uses. Whether you’re looking for a beautiful residence, professional office, investment property or an owner-user opportunity, this property offers exceptional versatility. Potential uses may include professional or business offices, medical or dental offices, specialty clinics, wellness or counseling practices, laboratory/testing uses, accounting, legal or insurance offices, and other professional services, subject to applicable zoning and approvals. The property may also offer potential for residential income, multi-generational living, duplex-style use, short-term rental/Airbnb, or boutique bed-and-breakfast accommodations, subject to applicable regulations and approvals. For the residential buyer, the spacious layout provides plenty of room to live, work and entertain while enjoying the convenience of being centrally located in Lake City. A unique property with character, functionality and multiple possibilities in an area experiencing continued growth. Live here, work here, invest here — the possibilities are yours.

$1,790/mo

Est. mortgage payment based on a $269,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
133404

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.57 Acres

Other Property Details

Garage
Yes

 

Courtesy of DANIEL CRAPPS AGENCY, INC, Arri Simque,
Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Carla Willingham shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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