Historic Downtown Commercial Opportunity | Move-In Ready **NEW PRICE**Located in the heart of Lafayette's vibrant Public Square, this 3,520-square-foot commercial building presents an exceptional opportunity for an owner-user or investor seeking a turnkey property in one of Middle Tennessee's established downtown business districts. Offered at $499,000 (approximately $142 per square foot), the property delivers outstanding value through its move-in-ready condition, prominent location, historic character, and flexible layout suitable for a wide range of commercial uses. Originally constructed in 1908, the building has been thoughtfully maintained while preserving the architectural charm that distinguishes downtown Lafayette. Its versatile floor plan can accommodate professional offices, retail, medical or wellness practices, financial services, boutiques, restaurants, and other commercial concepts, making it well-positioned to adapt to changing business needs. Positioned directly on Public Square, the property benefits from strong daily traffic counts, excellent visibility, convenient pedestrian access, and close proximity to restaurants, retail businesses, financial institutions, and government offices. The surrounding downtown continues to serve as the commercial and civic center of Macon County, creating a desirable environment for businesses seeking long-term stability and exposure. Whether you're expanding your business, relocating to a more prominent location, or investing in a well-maintained historic commercial asset, 220 Public Square offers the rare combination of location, flexibility, and value that is increasingly difficult to find in today's market.
Details
MLS #
3328471
Listing Type
For Sale
Style
Retail
Sub-Type
Resale
Status
Active
Year
1908
Days On Site
71
Listing Provided By
Benchmark Realty, LLC | Jeff Cutkomp
Features
SQ Feet
3,520
Zoning
Retail
Acreage
0.04
Area Information
State
TN
County
Macon County
City
Lafayette
Zip Code
37083
Area
Macon County | TN
Listing VS Median (in 37083)
Price: $475,000
low | high
Med: $314,900
83.705263157895% of Average
sqft: 3,520
low | high
Med: 1,410
100% of Average
$ / sqft: $135
low | high
Med: $223
15.501754385965% of Average
On site: 71
low | high
Med: 104
68.269230769231% of Average
Sourced by Back At You
Market Activity 37083
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 2
Avg $ Per SqFt: $207.17
Min Sale Price: $290,000
Max Sale Price: $390,000
Med Sale Price: $340,000
Date: Aug 2026
Sales: 6
Avg $ Per SqFt: $157.7
Min Sale Price: $105,000
Max Sale Price: $440,000
Med Sale Price: $251,000
Date: Jul 2026
Sales: 12
Avg $ Per SqFt: $223.64
Min Sale Price: $232,999
Max Sale Price: $611,420
Med Sale Price: $310,750
Date: Jun 2026
Sales: 21
Avg $ Per SqFt: $177.55
Min Sale Price: $80,000
Max Sale Price: $510,000
Med Sale Price: $260,000
Date: May 2026
Sales: 33
Avg $ Per SqFt: $261.83
Min Sale Price: $50,000
Max Sale Price: $3,216,319
Med Sale Price: $289,900
Date: Apr 2026
Sales: 22
Avg $ Per SqFt: $184.92
Min Sale Price: $160,000
Max Sale Price: $550,000
Med Sale Price: $274,450
Date: Mar 2026
Sales: 27
Avg $ Per SqFt: $187.75
Min Sale Price: $30,000
Max Sale Price: $800,000
Med Sale Price: $260,000
Date: Feb 2026
Sales: 16
Avg $ Per SqFt: $194.69
Min Sale Price: $56,250
Max Sale Price: $775,000
Med Sale Price: $289,900
Date: Jan 2026
Sales: 30
Avg $ Per SqFt: $192.13
Min Sale Price: $44,000
Max Sale Price: $725,000
Med Sale Price: $277,650
Date: Dec 2025
Sales: 11
Avg $ Per SqFt: $182.87
Min Sale Price: $45,000
Max Sale Price: $399,900
Med Sale Price: $222,000
Date: Nov 2025
Sales: 19
Avg $ Per SqFt: $207.22
Min Sale Price: $45,000
Max Sale Price: $610,000
Med Sale Price: $291,690
Date: Oct 2025
Sales: 16
Avg $ Per SqFt: $176.79
Min Sale Price: $47,000
Max Sale Price: $400,000
Med Sale Price: $271,450
Sourced by Back At You
Sep 2026
Sales:
2
Avg $ Per SqFt:
$207.17
Min Sale Price:
$290,000
Max Sale Price:
$390,000
Med Sale Price:
$340,000
Aug 2026
Sales:
6
Avg $ Per SqFt:
$157.7
Min Sale Price:
$105,000
Max Sale Price:
$440,000
Med Sale Price:
$251,000
Jul 2026
Sales:
12
Avg $ Per SqFt:
$223.64
Min Sale Price:
$232,999
Max Sale Price:
$611,420
Med Sale Price:
$310,750
Jun 2026
Sales:
21
Avg $ Per SqFt:
$177.55
Min Sale Price:
$80,000
Max Sale Price:
$510,000
Med Sale Price:
$260,000
May 2026
Sales:
33
Avg $ Per SqFt:
$261.83
Min Sale Price:
$50,000
Max Sale Price:
$3,216,319
Med Sale Price:
$289,900
Apr 2026
Sales:
22
Avg $ Per SqFt:
$184.92
Min Sale Price:
$160,000
Max Sale Price:
$550,000
Med Sale Price:
$274,450
Mar 2026
Sales:
27
Avg $ Per SqFt:
$187.75
Min Sale Price:
$30,000
Max Sale Price:
$800,000
Med Sale Price:
$260,000
Feb 2026
Sales:
16
Avg $ Per SqFt:
$194.69
Min Sale Price:
$56,250
Max Sale Price:
$775,000
Med Sale Price:
$289,900
Jan 2026
Sales:
30
Avg $ Per SqFt:
$192.13
Min Sale Price:
$44,000
Max Sale Price:
$725,000
Med Sale Price:
$277,650
Dec 2025
Sales:
11
Avg $ Per SqFt:
$182.87
Min Sale Price:
$45,000
Max Sale Price:
$399,900
Med Sale Price:
$222,000
Nov 2025
Sales:
19
Avg $ Per SqFt:
$207.22
Min Sale Price:
$45,000
Max Sale Price:
$610,000
Med Sale Price:
$291,690
Oct 2025
Sales:
16
Avg $ Per SqFt:
$176.79
Min Sale Price:
$47,000
Max Sale Price:
$400,000
Med Sale Price:
$271,450
Jeff Cutkomp of Benchmark Realty, LLC – (615) 879-4901 – jeff.m.cutkomp@gmail.com
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Listings courtesy of RealTracs MLS as distributed by MLS GRID.
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Jeff Cutkomp of Benchmark Realty, LLC – (615) 879-4901 – jeff.m.cutkomp@gmail.com