44 Washington St Rear Auburn, NY 13021-2403
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.
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CC Central Corridor District. A. Purpose and intent. The purpose of the Central Corridor District (CC) is to promote well-designed small-scale commercial development and accommodate a mixture of uses compatible with surrounding neighborhoods. B. Permitted uses. The following uses are permitted within the CC District: (1) Agricultural processing plant. (2) Ar…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Auburn, NYCC Central Corridor District. A. Purpose and intent. The purpose of the Central Corridor District (CC) is to promote well-designed small-scale commercial development and accommodate a mixture of uses compatible with surrounding neighborhoods. B. Permitted uses. The following uses are permitted within the CC District: (1) Agricultural processing plant. (2) Artist studio. (3) Bakery, commercial/wholesale. (4) Bakery, retail. (5) Brewery. (6) Brew pub. (7) Commercial kitchen. (8) Conference/convention center. (9) Cultural use facility/museum. (10) Distillery. (11) Distribution center. (12) Famers' market, permanent. (13) Farmers' market, temporary. (14) Flea market. (15) Garden center. (16) Greenhouse, commercial. (17) Hotel/motel. (18) Inn. (19) Makerspace. (20) Microbrewery. (21) Microdistillery. (22) Mixed-use building. (23) Movie theater. (24) Performing art venue. (25) Place of worship. (26) Public/semipublic use. (27) Recreation, indoor commercial. (28) Recreation, outdoor commercial. (29) Restaurant. (30) Retail, goods and services. (31) Tasting room. (32) Urban agriculture. (33) Urban farm. (34) Winery. C. Accessory uses. The following uses are permitted accessory uses within the CC District: (1) Uses and structures accessory to a principal use as permitted and subject to the requirements of Article IV , § 305-25 , Accessory uses and structures. D. Special use permits. Certain uses require a special use permit from the Planning Board, subject to the requirements of Article VIII , § 305-104 , Special use permits. The following uses are allowed as special permit uses within the CC District: (1) Wireless telecommunications facility. E. Prohibited uses. Uses that are not expressly permitted in this section are prohibited. F.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.