Seven (7) acres zoned commercial general with frontage on Highway 441 South in Lake City. Property is wooded with several buildings, currently rented. Building 1 has six studio apartments; Building 2 has three 1-Bedroom or larger studio apartments; and Building 3 has two studio apartments. There is also a mobile home, currently rented, and a billboard or leased signage that brings extra income. All units are well/septic. Recent improvements include new roofs to Buildings 1 and 2, repaved parking lot, rehabbed, units and exterior paint. With seven acres of commercially zoned property, there is plenty of room to expand -- add more residential units or, if desired, turn the property into a mobile home/RV park, RV/boat storage, commercial shopping center, etc. This property offers excellent potential for a variety of uses. Property is being sold As Is.