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    215-217 Lafayette St St Lafayette, AL 36862

    For Sale
    $589,000

    Historic B&B & Guest House on expansive lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2.71-acre property in Lafayette, Alabama, presents a unique investment opportunity. The main structure, a charming 1912 bed and breakfast known as Maple Hill Gardens & Guest House, boasts four bedrooms, three full bathrooms, and two half bathrooms. Architectural details include a grand foyer, a staircase, a parlor with a gas fireplace and solid wood pocket doors, and an expansive dining room adjacent to a chef's kitchen. The property also features a sun porch, covered porch, and patio, providing ample outdoor space. A main-level suite and three additional bedrooms are located on the second floor. The extensive grounds have been meticulously landscaped into a Japanese Maple garden, featuring approximately 150 maple trees, mossy pathways, and brick-bordered beds. Outbuildings include a potting shed, garage, carport, and workshop. A separate three-bedroom, one-bathroom brick ranch house is also situated on the property, currently used as the owner's residence but with potential for additional guest accommodations or conversion to other uses. This property offers a blend of historical charm, significant acreage, and versatile potential uses, making it an attractive investment in a desirable location. The property is listed at $589,000.

    Property Features for 215-217 Lafayette St St

    General Information

    Property type
    Industrial properties
    Lot Size
    118,048 SF

    Building Details

    Year Built
    1912
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Lafayette
    County
    CHAMBERS
    State
    Alabama
    Longitude
    -85.40179
    Latitude
    32.90452

    Nearby Comparable

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    • $255,000
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      Lafayette Land with Creek

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    Nearby Similar for Sale

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      Multi-Family Investment Opportunity in LAFAYETTE

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    FAQs

    What type of property is this?
    Industrial property - Historic B&B & Guest House on expansive lot.
    Where is this industrial property located?
    The property is located at 215-217 Lafayette St St Lafayette, AL.
    What is the asking price?
    The asking price for this property is $589,000.
    (334) 826-1010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215-217 Lafayette St St Lafayette, AL 36862
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