246 Lake Street, Auburn, AL 36832
sale
$850,000
|
Other
Courtesy Of THE PRIME REAL ESTATE GROUP
Investment Opportunity in High-Growth Corridor | Zoned CDD
Positioned in a rapidly developing area of Auburn, 246 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 .67 ac lot with a 1,364 sq ft home (circa 1955) 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.
Positioned in a rapidly developing area of Auburn, 246 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 .67 ac lot with a 1,364 sq ft home (circa 1955) 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
- Architecture Style: Other
- MLSID: 179435
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