4154 Lafayette Street, Marianna, FL 32446 (MLS# 795541)


$750,000
4154 Lafayette Street
Marianna, FL 32446
MLS# 795541
Status: Sold
44869 sqft


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Property Description
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

Details
Maps
Contract Info
List Price/SqFt: 16.72
List Date: 2026-08-31
List Price: $750,000
Current Price: $750,000
Sub-Type: Retail
Location
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
State: FL
Zip Code: 32446
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
General Property Info
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
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
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
Status Change Info
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: 1
Conventional: 1
Floors in Unit/Home
One: 1
Transport. Access
4-Lane: 1
Property Features
Financing: Cash; Conventional

Listing Office: Chipola Realty

Last Updated: September - 17 - 2026

Information deemed reliable but not guaranteed.