Property summary
This exceptional commercial property, located at 187 Genesee Street in Auburn, NY, presents a compelling investment opportunity. The building encompasses 4,550 square feet and sits on a 0.24-acre lot, offering ample space for a variety of commercial ventures. Priced significantly below its assessed value at $249,900, this property represents a rare chance to acquire a substantial asset at a highly competitive price point. Its prime location in Auburn provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong foothold in a thriving community. The building's substantial size allows for diverse configurations to suit various business needs. The property's current condition and potential for renovation or expansion offer further opportunities to enhance its value and functionality. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. This is a unique chance to secure a valuable asset in a desirable location at a price that reflects significant potential for return on investment. Don't miss this opportunity to own a piece of Auburn's commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
D Downtown. A. Purpose and intent. The purpose of this section is to provide regulatory standards governing building form and related urban design principles for new development and redevelopment projects in Downtown Aub…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
D · Auburn, NYD Downtown. A. Purpose and intent. The purpose of this section is to provide regulatory standards governing building form and related urban design principles for new development and redevelopment projects in Downtown Aub…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
D Downtown. A. Purpose and intent. The purpose of this section is to provide regulatory standards governing building form and related urban design principles for new development and redevelopment projects in Downtown Aub…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for D in Auburn, NY.
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