187 Genesee St Auburn, NY 13021-3310
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.
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James B. Cogar, OD Physician
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Emerald Payrolls Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
D · Auburn, NYAuburn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.