Price $850,000
Status Active
Size 1,364 sqft
Lot Size 29,186 sqft
Days on Market 11
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.
Property Type(s): Commercial
Last Updated 3/26/2026 Tract NONE
Year Built 1955 Community Auburn
County Lee

Additional Details

AREA Auburn
LOT 0.67 acre(s)
SUBDIVISION NONE

Location

 

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