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About This Home
This 0-bedroom, 0-bathroom commercial at 246 LAKE Street in Auburn, AL is listed for $850,000 ($623 per sqft). Built in 1955, the home offers 1,364 sqft of living space on a 0.67 acres lot.
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.
Key Features
- Built in 1955
- 0.67 acre lot
Property Details
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
246 LAKE Street
Auburn, AL 36832
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 246 LAKE Street is listed at $850,000 ($623/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 1955, 0.67 acre lot.
This property is listed by BRITTANY REGISTER and can be reached at 334-454-4663 or brittanytregister@gmail.com.
