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    44 Washington St Auburn, NY 13021

    Sponsored
    For Sale
    $139,900

    High-Return Storage Investment Opportunity

    Property size:
    20,491 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This 20,491 square foot commercial property in Auburn, NY, sits on a 1.08-acre lot and presents a compelling investment opportunity. Priced at $139,900, the property boasts recently renovated storage areas ideal for various uses, including landscaping, boat storage, or contracting businesses. Twelve and fourteen-foot ceilings provide ample vertical space, while convenient features such as an electric garage door on the main storage area and two loading docks enhance functionality. A portion of the property generates immediate monthly income from existing tenants, helping offset carrying costs. The property is being sold "as is," offering significant upside potential for further development and expansion of storage capacity. The existing storage areas are clean and ready for immediate use. This is an excellent chance to acquire a well-located commercial property with strong rental income potential and room for future growth. The property's size and features make it suitable for a variety of commercial storage needs. Don't miss this chance to acquire a profitable and versatile commercial property in a desirable location.

    Property Features for 44 Washington St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    20,491 SF
    Lot Size
    47,045 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Printerly.com Inc Custom T-Shirt Store WINAND PRODUCTS INC Food Manufacturer TrophyMantle Store Digby Custom Tees Custom T-Shirt Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Cayuga
    State
    New York
    Longitude
    -76.5761
    Latitude
    42.93214

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    FAQs

    What type of property is this?
    Commercial real estate - High-Return Storage Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 44 Washington St Auburn, NY.
    What is the asking price?
    The asking price for this property is $139,900.
    (315) 604-0718
    Request Owner's contact information
    44 Washington St Auburn, NY 13021
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    Auburn, NY 13021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    44 Washington St Auburn, NY 13021
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