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    179 Genesee St Auburn, NY 13021

    Sponsored
    For Sale
    $214,900

    Busy Road, High Visibility, Income Potential

    Property size:
    4,575 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 4,575 square foot office building presents a remarkable investment opportunity in the vibrant city of Auburn, NY. Situated on a 0.27-acre lot on one of Auburn's busiest thoroughfares, this property boasts unparalleled visibility and high traffic counts, ensuring maximum exposure for your business. The building's history as a thriving dental practice speaks to its suitability for a variety of professional uses. Currently, the property generates rental income from a three-bedroom apartment on the upper floor and a one-bedroom apartment on the lower floor, although the lower apartment requires some updating. Significant improvements have already been made, including a new roof and new siding, minimizing immediate maintenance needs. The building's substantial size offers ample space for a growing business or the potential to expand existing operations. The high-traffic location and existing rental income combine to create a compelling investment prospect with strong potential for return. The asking price is $214,900. Please note, per owner request, there is no signage permitted on the property. Serious inquiries only.

    Property Features for 179 Genesee St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,575 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Tabone Anthony J ... Dentist Walwender Kathy Dr Dentist Day Elaine Dr Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Cayuga
    State
    New York
    Longitude
    -76.57258
    Latitude
    42.92884

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    FAQs

    What type of property is this?
    Office Property / Space - Busy Road, High Visibility, Income Potential
    Where is this office property / space located?
    The property is located at 179 Genesee St Auburn, NY.
    What is the asking price?
    The asking price for this property is $214,900.
    (315) 253-7653
    Request Owner's contact information
    179 Genesee 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
    179 Genesee St Auburn, NY 13021
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