246 LAKE Street Auburn, AL 36832

Building Details

Year built

1955

Listing Agency THE PRIME REAL ESTATE GROUP Show Phone

1564 BAILEY HARRIS DRIVE, OPELIKA, AL

Listed by BRITTANY REGISTER · License #138974 Show Phone

Added: Mar 26 Checked: Jul 17 at 6:06 am

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MLS# 179435

Copyright © 2026 Lee County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Located in a rapidly developing area of Auburn, the property at 246 Lake Street presents an investment opportunity. Zoned CDD (Corridor Development District), the designation allows for a wide range of uses including office, retail, service-based businesses, and select light commercial applications. Situated on a 0.67-acre lot, the property includes a 1,364 square foot home, built around 1955, that offers immediate rental or use potential while allowing for future redevelopment or repositioning. The location is just minutes from Auburn University, downtown Auburn, I-85, and major thoroughfares, benefiting from student-driven demand and proximity to expanding business activity. The property is ideal for investors or users seeking a value-add opportunity in a transitioning, high-demand corridor and is surrounded by newly constructed commercial and industrial buildings.

Key Highlights

• Prime infill location in rapidly developing Auburn.
• Zoned CDD allowing for a wide range of uses.
• Strategic location minutes from Auburn University and I‑85.

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FAQs

What type of property is this?

Commercial land - Prime commercial land in high-growth Auburn corridor, zoned CDD.

Where is this commercial land located?

The property is located at 246 LAKE Street Auburn, AL.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Prime infill location in rapidly developing Auburn.; Zoned CDD allowing for a wide range of uses.; Strategic location minutes from Auburn University and I‑85.