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Property profile & analytics
OFF-MARKET
Schools

206 Lafayette St Lafayette, AL 36862

2,538 SF 0.6 ac lot Built 1925
Property ID
Property summary
AI-generated overview

This stunning 2,538 square foot commercial property, located at 206 S Lafayette Street in Lafayette, Alabama, presents a unique investment opportunity. Situated on a 0.6-acre lot in the heart of Lafayette's Main Street district, this beautifully restored historic church/school building offers unmatched exposure and a sophisticated atmosphere. The property boasts soaring ceilings, refinished pine floors, and rich judge's paneling, creating an elegant and timeless ambiance. Ideal for a variety of professional uses, including law firms, accounting or consulting offices, the building features multiple offices, bathrooms, and a prestigious boardroom, all bathed in abundant natural light. The stately entry spaces and expansive porches add to the property's charm and functionality. Historic details such as period fireplaces, Victorian-Farmhouse detailing, and a lovely stained glass window are preserved, adding character and distinction. Ample parking is available, and the prime location near the courthouse ensures high visibility and accessibility. Priced at $275,000, this exceptional property is ready for its next chapter, offering a blend of history, charm, and modern functionality in a thriving small-town community. The property's versatile layout and prime location make it an exceptional investment opportunity for discerning buyers seeking a unique and prestigious commercial space.

Property profile
Verified
Property type Schools
Year built 1925
Total area 2,538 SF
Lot 0.6 ac (26,136 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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