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    OFF-MARKET
    Manufacturing properties

    44 Washington St Rear, Auburn, NY 13021-2403

    20,491 SF 1.08 ac lot Built 1920
    Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-2451823
    Property summary
    AI-generated overview

    This 20,491 square foot commercial property in Auburn, NY, sits on a 1.08-acre lot and presents a compelling investment opportunity. Priced at $139,900, the property boasts recently renovated storage areas ideal for various uses, including landscaping, boat storage, or contracting businesses. Twelve and fourteen-foot ceilings provide ample vertical space, while convenient features such as an electric garage door on the main storage area and two loading docks enhance functionality. A portion of the property generates immediate monthly income from existing tenants, helping offset carrying costs. The property is being sold "as is," offering significant upside potential for further development and expansion of storage capacity. The existing storage areas are clean and ready for immediate use. This is an excellent chance to acquire a well-located commercial property with strong rental income potential and room for future growth. The property's size and features make it suitable for a variety of commercial storage needs. Don't miss this chance to acquire a profitable and versatile commercial property in a desirable location.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1920
    Total area 20,491 SF
    Lot 1.08 ac (47,045 SF)
    Zoning code CC
    APN 050100 115.51-1-37.1
    UPID US63-2451823
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Printerly.com Inc Custom T-Shirt Store
    • WINAND PRODUCTS INC Food Processing Plant Factory
    • TrophyMantle Department Store
    • Digby Custom Tees Custom T-Shirt Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Omega Wire INC · 13 yrs held
    Omega Wire INC
    since 2013
    Last sale
    $128,750
    3 recorded transactions
    2013
    2010
    1969
    Zoning & alternative use
    CC · Auburn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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