213 Lafayette St Dadeville, AL 36853

Property Details for 213 Lafayette St

Year built

2002

Property type

Commercial real estate

Description

This exceptional Dadeville, Alabama commercial property presents a lucrative investment opportunity. The property consists of three connected commercial office/shop units, each equipped with a private bathroom and central heating and air conditioning. Two of these units are currently leased to tenants. In addition to the three connected units, there's a separate, free-standing building exceeding 1100 square feet, also featuring a bathroom and central heating and air conditioning. This building is currently occupied, primarily by government agencies. The entire property boasts a substantial parking lot, offering significant expansion possibilities. The ample parking opens doors to a wide array of potential uses, including but not limited to: a drive-through restaurant, food truck park, car wash, ice cream parlor, coffee shop, or even a farmers market. The current rental income stream provides a solid foundation for immediate returns, while the expansive parking and versatile layout offer significant upside potential for future growth and increased profitability. The property is priced at $249,000 and is located at 213 Lafayette Street in Dadeville, Alabama. This is a rare chance to acquire a well-situated, income-generating commercial property with substantial development potential. The property's current occupancy and strong location make it an attractive investment for both seasoned and new investors seeking a stable and potentially high-growth opportunity.

Location Insight

City

Dadeville

County

Tallapoosa

State

Alabama

Longitude

-85.7644

Latitude

32.8328