120 Genesee St Auburn, NY 13021
- Office buildings
- 35,916 SF
- 0.21 lot acres
Current Use by Public Records
- Delight Recovery Treatment Center Auburn, NY / Addiction Treatment Center / Counselor
Property Details for 120 Genesee St
- Year built
- 1948
- Lot size
- 0.21 lot acres
- Property size
- 35,916 SF
- Zone code
- D
- Property type
- Office buildings
- APN
- 050100 116.53-1-20
- APU
- 5010011653120
Description
This exceptional 6-story commercial property, located at 120 Genesee St in Auburn, NY 13021, offers a unique opportunity for businesses seeking executive office space. Built in 1948, this Class B building boasts a total of 39,135 square feet, with 6,522 square feet currently vacant and ready for immediate occupancy. The building features impressive 16-foot ceilings, providing ample space and a sense of grandeur. Its prime location on Genesee Street offers excellent visibility and accessibility, while its convenient proximity to a municipal parking garage ensures ample parking for tenants and their clients. The property is classified as Retail and Office, with a subtype of Executive Office, Commercial, and Bank, making it suitable for a variety of uses. The building's historic character and quality construction are evident throughout, offering a unique and prestigious address. With multiple tenancies available, this property presents a versatile option for businesses of all sizes. The building has six stories and a total of six parking spaces. Cayuga County is the location of this property. This is a rare opportunity to secure a significant footprint in a desirable Auburn location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $590,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $590,000
- 6.5%
- $585,000
- 7%
- $655,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $560,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $620,000
- Mixed-Use
- $535,000
- Hospitality
- $505,000
- Educational
- $620,000
- Residential Income
- $605,000
- Energy
- $590,000
- Income-Based Land
- $555,000
- Food Service
- $500,000
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Cayuga
- State
- New York
- Longitude
- -76.5677
- Latitude
- 42.9307
- CBSA code
- 12180
- CBSA name
- AUBURN, NY MICROPOLITAN STATISTICAL AREA