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Corner Storefront Property
For Sale
$214,900

104 Chapman Avenue, Auburn, NY 13021

CommercialSale, Auburn, NY

Property Size1,012 SF
Lot Size0.13 Acres
Price / SF$212.35
Days on Market134

Property Features for 104 Chapman Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R1
Zoning description Residential 1 Unit
Parking 2
Parking features Offsite
Lot features Rectangular, Rectangular Lot
Elementary school district Auburn
Middle school district Auburn
High school district Auburn
Subdivision Auburn-050100
Standard status Active
APN 050100-122-027-0001-001-002-0000
Size 1,012 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 1679

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas, Forced Air
Water source Public

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Roof type Flat
Listing Agency: Rooftop Realty Group LLC
Listed By: Michael S Banks · License #10301223248
Added: May 26 Changed: Sep 12 Last Checked: Oct 6 at 12:06AM
MLS# S1683436

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,012-square-foot storefront property occupies a 0.1313-acre corner lot and was built in 1950. The building has a flat roof, natural gas and electric forced-air heating, public water, and public sewer. Offsite parking is listed among the property features.

The property is subject to a lease extending through 2030. It is located in Auburn, New York, within Cayuga County, and carries R1 zoning.

Key Highlights

  • 1,012 square feet on a 0.1313‑acre corner lot
  • Lease in place through 2030
  • R1 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,180
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,600 $203.6K
Cap Rate 7%
$145,429 $145.4K
Cap Rate 9%
$113,111 $113.1K
Market Conditions
NOI Build-Up for 1,012 SF
Gross rent
$15.2K $15.00/SF
− Vacancy
−$638 −$0.63/SF
EGI
$14.5K $14.37/SF
− OpEx
−$4.4K −$4.31/SF
NOI
$10.2K $10.06/SF
Area
Cayuga County, NY
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,600
Cap Rate 7%
$145,429
Cap Rate 9%
$113,111

Alternative Uses

Best Use
Retail
$145.4K
$127.3K – $169.7K (±1% cap)
NOI $10,180 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$224.3K
$196.3K – $261.7K (±1% cap)
NOI $15,700 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Don Juan Cafe ... Restaurant

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
10,843 visits/mo 0.3 miles
Kwik Fill Shops & Services
9,989 visits/mo 0.3 miles
Tops Gas Shops & Services
5,082 visits/mo 0.5 miles
Family Dollar Shops & Services
4,660 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
3,230 visits/mo 0.4 miles

Demographics for 13021, NY

38,479
Population
18,847
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
119.2 sq mi
ZIP Area
323
Density / Sq Mi
$58,946
Median Household Income
$41,990
Median Earnings
$874
Median Rent
$169,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Cosentino's Florist — 141 Dunning Ave, Auburn, NY 13021

Frequently Asked Questions

What type of property is this?
Storefront property - A leased commercial building with occupancy secured through 2030 and public water and sewer service.
Where is this storefront property located?
The property is located at 104 Chapman Avenue Auburn, NY.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: 1,012 square feet on a 0.1313‑acre corner lot; Lease in place through 2030; R1 zoning
More about this property
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