Since 1980 the home has been used as a law office (downstairs) for the Foley Law Firm and the upstairs has served as an apartment. The 2 story Vernacular/Queen Ann home was built by Joseph Megraw and his sons in 1879, they were referred to as master builders and built many structures in Fayette that are still standing today. This was Mr. Megraw's personal home, and it is eligible for the Nation Registry of Historic Places. Home still has all its old Victorian charm feel like the old corbels in the eves, large decorative baseboards and trim, beautiful hardwood floors, etc. In the past 40 plus years the home has had extensive renovations done on it, recent roof, siding & porches in 2023. 1st Floor consists of 4 offices/rooms single bath w/ shower, closets - 2nd Floor consists of a 2-bedroom apartment, kitchen w/ cook stove & refrigerator, small family room, 1 bath w/ shower, utility area w/ closets, washer & dryer included. The home has 2 separate utility meters and entrances. Lot size is 82ftx118ft with rear parking area. Property is zoned commercial but could be changed back to residential if so desired. Upstairs is currently leased until June 30. 2025 for $650.00 per month. Auctioneers Note: Home is very nice and clean, make plans to view the home at the open house November 12th from 4-5:30 or call Iman Auction Co for more info.
Located near downtown Fayette and Central Methodist University on Church Street (Highway 240)