4154 Lafayette Street
Marianna, FL 32446
MLS# 795541
Status:
Sold44869 sqft
Property DescriptionRare value-add redevelopment opportunity with an existing 40,956 square foot retail property located on approximately 3.33 acres at the northeast corner of U.S. Highway 90 and State Road 276 in Marianna, Florida. The offering is priced at $750,000, equating to $18.31 per square foot, well below replacement cost and aligned with a land-driven investment basis. The property is currently vacant and the existing structure is not in operational condition, creating a clear value-add scenario with multiple paths forward.
For investors focused on redevelopment, the site's size, frontage, and corridor exposure support a range of commercial uses, including retail, service-oriented concepts, or convenience-driven formats, subject to approvals. For those exploring adaptive reuse, the existing improvements offer optionality, allowing a buyer to evaluate whether renovation or reconfiguration aligns with their business plan.
Positioned within an established retail corridor that includes national and regional tenancy, the location benefits from consistent traffic patterns and commercial activity. Marianna serves as a regional hub in the Florida Panhandle, approximately one hour northwest of Tallahassee, providing connectivity to surrounding markets while maintaining a stable local economic base.
Investment Highlights
Zoned Commercial
396± Ft Hwy Frontage
Great Visibility
17,900 Traffic Count
3 Curb Cuts
3.336 Acres
40,956 SF Shopping Center
Strong Demographics and Retail Area
Ingress/Egress from both bland and blank
Average HH Income $84,000, 5 Mile Radius
List Price/SqFt: 16.72
List Date: 2026-08-31
List Price: $750,000
Current Price: $750,000
Sub Area: 0906 - Jackson - Marianna Central North
Community/Resort: None
Waterfront: No
Directions: From Downtown Marianna travel West to Penn Avenue. Property is on the right.
Area: 09 - Jackson County
Street #: 4154
Street Name: Lafayette
Street Suffix: Street
County: Jackson
Subdivision: [No Recorded Subdiv]
Parcel ID: 05-4N-10-0022-00D0-0030
Legal Description: OR 89 P 270 OR 85 P 489 BEGIN 1321.08 FT W & 215.67 FT N OF SEC OF SECT 32 ON N RTWY SR 10, RUN N 364.73 FT, S 54* E 396.3 FT, S 369.12 FT, N 53* W 396.28 FT TO POB, BLK D BALTZELL ADD...OR 352 P 945 OR 357 P 29 DB 221 P 354 OR 419 P 51 OR 419 P 53
List Class: Commercial
Site Dimensions: 396.0 ft x 367.0 ft
Acreage: 3.33
Construction Status: Construction Complete
SqFt Tot Bldg: 44869
Lot Depth: 367
Lot SqFt: 145316
Year Built: 1960
Remarks: Rare value-add redevelopment opportunity with an existing 40,956 square foot retail property located on approximately 3.33 acres at the northeast corner of U.S. Highway 90 and State Road 276 in Marianna, Florida. The offering is priced at $750,000, equating to $18.31 per square foot, well below replacement cost and aligned with a land-driven investment basis. The property is currently vacant and the existing structure is not in operational condition, creating a clear value-add scenario with multiple paths forward.
For investors focused on redevelopment, the site's size, frontage, and corridor exposure support a range of commercial uses, including retail, service-oriented concepts, or convenience-driven formats, subject to approvals. For those exploring adaptive reuse, the existing improvements offer optionality, allowing a buyer to evaluate whether renovation or reconfiguration aligns with their business plan.
Positioned within an established retail corridor that includes national and regional tenancy, the location benefits from consistent traffic patterns and commercial activity. Marianna serves as a regional hub in the Florida Panhandle, approximately one hour northwest of Tallahassee, providing connectivity to surrounding markets while maintaining a stable local economic base.
Investment Highlights
Zoned Commercial
396± Ft Hwy Frontage
Great Visibility
17,900 Traffic Count
3 Curb Cuts
3.336 Acres
40,956 SF Shopping Center
Strong Demographics and Retail Area
Ingress/Egress from both bland and blank
Average HH Income $84,000, 5 Mile Radius
Sold Price/SqFt: 16.72
Sold Price/Acre: 225225.23
Status: Sold
Under Contract Date: 2026-09-01
Sold Date: 2026-09-10
Sold Price: $750,000
Financing: Cash; Conventional
Listing Office: Chipola Realty
Last Updated: September - 17 - 2026
Information deemed reliable but not guaranteed.