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335-337 Genesee St, Auburn, NY 13021

Two-building setup with retail showroom and rear-loading warehouse space on a highly accessible retail corridor.

Property Size4,684 SF
Lot Size1.80 Acres
Price / SF$117.42
Days on Market122

Property Features for 335-337 Genesee St

General Information

Standard status Active
Size 4,684 SF
Class B
Total Parking Spaces 20
Lot size 1.80 Acres
Property subtype Retail, Land, Hospitality
Zoning HC - Highway Commercial
Lease Type NNN
Investment Type Owner/User

Additional Details

Highway Access Yes
Drive-In Doors 1

Building Details

Year Built 2003
Buildings 2
Units 2
Tenancy Single
Listing Agency: HUNT Commercial
Listed By: Maryellen Bindra · License #10401390715
Source: Crexi
Added: Jun 11 Changed: Sep 7 Last Checked: Oct 9 at 6:52PM

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 HUNT Commercial

Investment Insights

Based on property information with market context.

The property includes two connected commercial buildings totaling approximately 4,684 SF, with flexible space that can support a range of operating models. The larger 2,500 SF retail/showroom building provides rear loading access, while the 2,184 SF warehouse building is equipped with a large commercial overhead door. The overall configuration is designed to accommodate uses that may require both customer-facing space and practical delivery or storage access. In addition, the offering includes approximately 1.8 acres of land.

The site is located on Auburn’s retail corridor between Dollar General and Auburn Towne Center Plaza, providing strong visibility and exposure to passing traffic. It also offers convenient access to I-90, Route 20, and Veterans Memorial Parkway, which can support customer visits and day-to-day logistical movement.

For tenants, buyers, and owner-operators, the combination of retail/showroom space, rear loading, and a dedicated warehouse door can fit many real-world requirements, including retail, contractor operations, distribution, storage, service businesses, automotive-related uses, and certain experiential concepts. As a for-sale opportunity, it may also appeal to investors and 1031-exchange buyers looking for a versatile, easily understood two-building setup.

Key Highlights

  • Two‑building commercial property on approx. 1.8 acres, built in 2003
  • Total approx. 4,684 SF: 2,500 SF retail/showroom plus 2,184 SF warehouse
  • 2,500 SF retail/showroom building includes rear loading access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,116
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$942,320 $942.3K
Cap Rate 7%
$673,086 $673.1K
Cap Rate 9%
$523,511 $523.5K
Market Conditions
NOI Build-Up for 4,684 SF
Gross rent
$70.3K $15.00/SF
− Vacancy
−$3.0K −$0.63/SF
EGI
$67.3K $14.37/SF
− OpEx
−$20.2K −$4.31/SF
NOI
$47.1K $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%
$942,320
Cap Rate 7%
$673,086
Cap Rate 9%
$523,511

Alternative Uses

Best Use
Flex RnD
$840.3K
$735.3K – $980.4K (±1% cap)
NOI $58,822 @ 7.0% cap · market cap 10.69%
Second Best
Retail
$673.1K
$589.0K – $785.3K (±1% cap)
NOI $47,116 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$1.04M
$908.3K – $1.21M (±1% cap)
NOI $72,666 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Law Firm Bed & Breakfast Hotel & Motel

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

Lease Details

1
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building setup with retail showroom and rear-loading warehouse space on a highly accessible retail corridor.
Where is this flex space located?
The property is located at 335-337 Genesee St Auburn, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑building commercial property on approx. 1.8 acres, built in 2003; Total approx. 4,684 SF: 2,500 SF retail/showroom plus 2,184 SF warehouse; 2,500 SF retail/showroom building includes rear loading access
(646) 753-1529 Call to check price and availability
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