236 LAKE Street, Auburn, AL 36832
sale
$950,000
|
Other
Courtesy Of THE PRIME REAL ESTATE GROUP
Investment Opportunity in High-Growth Corridor | Zoned CDD Positioned in a rapidly developing area of Auburn, 236 Lake Street (located off of South College St) offers a prime infill opportunity surrounded by newly constructed commercial and industrial buildings. This location continues to experience strong growth, supporting both current demand and long-term upside. Situated on a 100' x ~339' lot, the property includes an existing 1,576+/- SF home (circa 1950), providing immediate rental or use potential while allowing for future redevelopment or repositioning. Zoned CDD (Corridor Development District), this designation allows for a wide range of uses including office, retail, service-based businesses, and select light commercial applications, making it ideal for investors, owner-users, or redevelopment opportunities. Conveniently located just minutes from Auburn University, downtown Auburn, I-85 and major thoroughfares, the property benefits from both student-driven demand and proximity to expanding business activity. Ideal for investors or users seeking a value-add opportunity in a transitioning, high-demand corridor.
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Property Features
- Age: Over 50 Years Old
- MLSID: 179433
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