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HIST · For Sale

640 S Main ST, Lafayette Active

4 views · 4 this week

Asking price
$355,000
Price / SF
$55.33
Cap rate
Sale type
Property type
HIST
Property subtype
HIST,OTHER,OFFIC,RETAI
Building class
Building size
6,416 sq ft
Year built
1860
NOI
Tenancy
Building height
Building FAR
Lot size
1.66 acres
Zoning
B2
Frontage
Listing #
EN-4837
MLS #
10760659

Built in 1860, the historic former Patton-Rae House at 640 South Main Street is one of the few remaining 1800s homes in the City of LaFayette and offers a rare opportunity to own a true piece of local history. This stately two-story Colonial home was designed and built by Thomas and John Patton, architects who migrated from South Carolina to LaFayette in the mid-1800s. Rich in heritage and southern charm, the original grounds of this remarkable property once extended across what is now home to the City of LaFayette Golf Course, Senior Center, Recreational Department, ball fields, and swimming pool. During the Civil War, the property became known as "The Hitching Post," where Confederate soldiers would stop and hitch their horses on the grounds. Historical accounts note that James Patton assisted Colonel Hart in preparing dispatches that later contributed to routing the enemy. The home was later purchased in 1890 by J.H.B. Rae from James E. Patton, son of the original owners James and Louise Patton. Over the years, additions and renovations have enhanced the property while preserving the timeless craftsmanship and architectural character that make this home so special. Most recently operating as beloved local restaurants including CJ's Southern Traditions and Clara's Place, the property is currently zoned B-2, allowing for a wide variety of commercial possibilities within the City of LaFayette. Potential uses may include restaurant, office space, boutique retail, event venue, bed and breakfast, or possibly an Airbnb/short-term rental opportunity, if approved by city zoning and ordinances. The main level features seven spacious rooms with some having high ceilings, a large commercial kitchen area that has been gutted and includes two walk-in coolers (operational status unknown) along with 2 restrooms. An elevator, also with unknown operational status, provides access to the second floor from the main. Upstairs, you will find four additional rooms, a large open gathering area, and access to the beautiful second-story balcony overlooking the property. The upper level also features a third bathroom complete with a charming clawfoot tub, along with a interior and exterior stairway leading back down to the main level. The building also features an unfinished basement with an exterior door access only....perfect for storage. Being sold AS-IS, this one-of-a-kind property presents endless opportunities for restoration, redevelopment, or continued commercial use. Whether envisioned as a restaurant, event venue, office space, boutique business, bed and breakfast, or a unique short-term rental destination, the former Patton-Rae House stands as a lasting reminder of the beauty, history, and heritage of LaFayette. Don't miss your chance to own one of the city's most iconic and historic properties and become part of its next chapter!

Location

GAMLS
Listed by RE/MAX Real Estate Center
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10760659

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