Corner Retail Salon
For Sale
$129,900
30 Mary Street, Auburn, NY 13021
Corner property operating as a hair salon with multiple interior rooms, central air, and a salon-ready rear workspace.
Property Size2,160 SF
Price / SF$120.28
Days on Market164
Property Features for 30 Mary Street
General Information
Standard status
Active
Size
2,160 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$3,382
Amenities
central air
Building Details
Building Size
2,160 SF
Year Built
1960
Listing Agency:
Riordan Realty
Listed By:
Robert L. Bachta · License #10401319145
(315) 252-4687
Source:
Griffith-realty
Added: May 19
Changed: Oct 26
Last Checked: Oct 28 at 3:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Riordan Realty
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Investment Insights
Based on property information with market context.
This corner retail property is currently operating as a hair salon and includes a front room with two large front windows, a kitchenette area, a half bath with laundry, and two additional private rooms. The rear portion of the building is set up as the salon workspace, and the washer and dryer will remain. Central air is also provided.
Additional business uses would require a use variance through the city. The property may also offer potential for residential conversion with proper permits and approvals.
Located at 30 Mary Street in Auburn, NY, the layout supports both continued salon operations and consideration of alternate permitted uses depending on city approvals.
Additional business uses would require a use variance through the city. The property may also offer potential for residential conversion with proper permits and approvals.
Located at 30 Mary Street in Auburn, NY, the layout supports both continued salon operations and consideration of alternate permitted uses depending on city approvals.
Key Highlights
- 1,080 sq. ft. corner property operating as a hair salon with an established rear salon workspace
- Central air with gas cooling for year‑round comfort
- Interior layout includes a spacious front room with two large front windows, kitchenette area, and half bath with laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,864
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,280
$217.3K
Cap Rate 7%
$155,200
$155.2K
Cap Rate 9%
$120,711
$120.7K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$16.2K $15.00/SF
− Vacancy
−$680 −$0.63/SF
EGI
$15.5K $14.37/SF
− OpEx
−$4.7K −$4.31/SF
NOI
$10.9K $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%
$217,280
Cap Rate 7%
$155,200
Cap Rate 9%
$120,711
Alternative Uses
Best Use
Retail
$155.2K
$135.8K – $181.1K
NOI $10,864 @ 7.0% cap · market cap 8.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$239.4K
$209.4K – $279.3K
NOI $16,755 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
208
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Spectrum
Shops & Services
208 visits/mo
0.5 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
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Smiley's Town & Country — 7368 Owasco Rd, Auburn, NY 13021
- Wegmans Floral — 1 loop rd, auburn, ny 13021
Frequently Asked Questions
What type of property is this?
Storefront property - Corner property operating as a hair salon with multiple interior rooms, central air, and a salon-ready rear workspace.
Where is this storefront property located?
The property is located at 30 Mary Street Auburn, NY.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 1,080 sq. ft. corner property operating as a hair salon with an established rear salon workspace; Central air with gas cooling for year‑round comfort; Interior layout includes a spacious front room with two large front windows, kitchenette area, and half bath with laundry
