# 246 LAKE Street, Auburn, AL 36832

> **TL;DR:** commercial, $850,000 ($623/sqft), built 1955, 1,364 sqft. Est. $4,546/mo. Listed 220 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $850,000 |
| Price/sqft | $623 |
| Square Feet | 1,364 |
| Year Built | 1955 |
| Lot Size | 29,185 sqft (0.67 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 220 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,298 |
| Estimated Insurance | $248 |
| **Total** | **$4,546** |

## Property Highlights

- Built in 1955
- 0.67 acre lot

## Description

### Agent Description
Investment 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.

## Location

- **Address:** 246 LAKE Street, Auburn, AL 36832
- **County:** LEE
- **Coordinates:** 32.568575, -85.505969
- **Google Maps:** https://www.google.com/maps?q=32.568575,-85.505969

## Listing Agent

- **Name:** BRITTANY REGISTER
- **Brokerage:** THE PRIME REAL ESTATE GROUP
- **Broker Phone:** 334-454-4663
- **Listing URL:** [View original listing](http://www.usamls.net/lee/default.asp?content=expanded&mls_number=179435)

## Photos

![246 LAKE Street - Photo 1](http://lh.rdcpix.com/072af1f939fef3c44b422d7d94514bfbl-f435331482r.jpg)

![246 LAKE Street - Photo 2](http://lh.rdcpix.com/072af1f939fef3c44b422d7d94514bfbl-f2032999154r.jpg)

![246 LAKE Street - Photo 3](http://lh.rdcpix.com/072af1f939fef3c44b422d7d94514bfbl-f2204957385r.jpg)

![246 LAKE Street - Photo 4](http://lh.rdcpix.com/072af1f939fef3c44b422d7d94514bfbl-f3195214098r.jpg)

---

**MLS#:** 179435 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/246-lake-street-auburn-al-36832-0d07f1e26b9b4cd7af33b917692d4bee)

---

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