246 LAKE StreetAuburn, AL 36832



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$3,878Investment 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.
| 3 weeks ago | Listing first seen on site | |
| 3 weeks ago | Listing updated with changes from the MLS® |
Listing information is provided by Participants of the Lee County Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Lee County Association of Realtors MLS.
Last checked: 2026-04-18 10:35 AM UTC
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