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Listed by Bernie Gallerani • Bernie Gallerani Real Estate
$ 599,900
Est. payment | /mo
18,480 SqFt
$ 599,900
Est. payment | /mo
18,480 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 18,480 sqft
Price per Sqft $32
MLS Listing ID 3309115
Year Built 1940
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Mixed Use
Property Description
Positioned directly on Lafayette Public Square, This versatile property, in a fast growing area, offers roughly 27,000 sq ft of blank canvas ideal for a hotel, storage units, restaurant, retail, office, or other commercial use, with potential for an owner-user to operate a business while generating additional income through leasing or subleasing. Check with city for other potential uses. Located near the police department with public parking directly in front, the property benefits from exceptional visibility and steady traffic surrounding the square. Based on TDOT traffic data, the area attracts approximately 5,100–7,300 vehicles per day - that is an average of roughly 210–305 vehicles per hour over a 24-hour period. With Lafayette experiencing continued population growth and ongoing opportunities for downtown investment and development, this property offers an excellent opportunity to capitalize on the city's long-term commercial potential.
Location
State TN
County Macon County
Zoning Commercial
Interior
Fireplace N
Others
Special Listing Condition Standard
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