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50 Wallace Ave Auburn, NY 13021

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For Sale
$425,000

10,738 SF, 1.36 Acres, High Visibility

Property size:
10,738 SF

Property Features for 50 Wallace Ave

General Information

Property type
Other commercial real estate
Square Feet
10,738 SF
Lot Size
59,242 SF

Building Details

Year Built
1915

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Listing Contact
Stephen Baier

Listing Agency: The Real Estate Agency Listing Agent: Stephen Baier

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional commercial property at 50 Wallace Avenue in Auburn, NY, presents a remarkable investment opportunity. Boasting a substantial 10,738 square feet of space on a generous 1.36-acre lot, this well-maintained building offers unparalleled versatility. The clear-span construction allows for flexible and adaptable layouts to suit a wide range of commercial uses. The current owner occupies approximately 2,000 square feet and has a three-year lease agreement in place with the new buyer. Specific lease terms are negotiable post-sale. This property is ideal for businesses seeking ample space and the freedom to customize their workspace. Its prime location in Auburn offers excellent visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. The asking price of $425,000 represents exceptional value for a property of this size and potential. The existing tenant provides a steady income stream during the initial three years, mitigating risk and offering immediate return on investment. Don't miss this chance to acquire a highly adaptable commercial space with significant growth potential in a thriving Auburn location. Serious inquiries only.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Aurora Dental Studio Dental Office Cayuga Industrial Factory Mark E. Bachman ... Accounting Firm

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Auburn
County
Cayuga
State
New York
Longitude
-76.58897
Latitude
42.92813

FAQs

What type of property is this?
Commercial real estate - 10,738 SF, 1.36 Acres, High Visibility
Where is this commercial real estate located?
The property is located at 50 Wallace Ave Auburn, NY.
What is the asking price?
The asking price for this property is $425,000.
More about this property
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