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Listed by BRITTANY REGISTER • THE PRIME REAL ESTATE GROUP
$ 950,000
Est. payment | /mo
1,576 SqFt
$ 950,000
Est. payment | /mo
1,576 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,576 sqft
Price per Sqft $602
MLS Listing ID 179433
HOA Y/N No
Year Built 1950
Lot Size 0.970 Acres
Acres 0.97
Property Sub-Type Industrial
Property Description
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.
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.
Location
State AL
County Lee
Area Auburn
Interior
Fireplace No
Building
Lot Description <1 Acre