92-96 Grant Ave Auburn, NY 13021
For Sale
1 / 13
This exceptional redevelopment opportunity presents a 2.1-acre lot in Auburn, NY, featuring three buildings totaling 4,165 square feet of net rentable space. Priced at $499,900 ($120.02/sq ft), this property offers significant potential. The main building is a single-story structure previously used as a veterinary clinic and kennel, complete with a full kennel area and office space. A detached barn/garage and a two-story single-family home are also situated on the property. The lot includes a partially fenced area, with the kennel portion fully enclosed for secure outdoor dog space. This property enjoys a highly visible location on Grant Avenue, Auburn's primary retail and commercial corridor. The area boasts a strong retail presence, including national brands like Marshall's, AC Moore, and numerous restaurants and big-box retailers such as Walmart and Lowe's. Auburn's robust employment base, anchored by Auburn Community Hospital, the Department of Corrections, and the Auburn City School District, ensures a consistent customer base. This versatile property is ideal for redevelopment, offering a unique blend of commercial and residential potential within a thriving community. The property's size and location make it an attractive investment for a variety of uses. The existing structures provide a solid foundation for a new venture, while the ample land offers room for expansion or additional development. This is a rare opportunity to acquire a substantial property in a prime location with high growth potential. The property is located at 92-96 Grant Ave, Auburn, NY 13021, in Cayuga County.
HC Highway Commercial District. A. Purpose and intent. The purpose of the Highway Commercial District (HC) is to promote well-designed commercial development that is accessible and compatible with the district as a major vehicular corridor. B. Permitted uses. The following uses are permitted within the HC District: (1) Animal grooming. (2) Animal hospital. (…
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
HC · Auburn, NYHC Highway Commercial District. A. Purpose and intent. The purpose of the Highway Commercial District (HC) is to promote well-designed commercial development that is accessible and compatible with the district as a major vehicular corridor. B. Permitted uses. The following uses are permitted within the HC District: (1) Animal grooming. (2) Animal hospital. (3) Artist studio. (4) Bakery, retail. (5) Bar. (6) Brew pub. (7) Cannabis on-site consumption. (8) Cannabis retail dispensary. (9) Commercial kitchen. (10) Day-care center/day-care facility. (11) Day-care, family home. (12) Drive-through. (13) Dry-cleaning facility. (14) Dry-cleaning outlet. (15) Dwelling, multiple-family, three to four units. (16) Dwelling, multiple-family, five or more units. (17) Dwelling, townhouse. (18) Equipment sales, repair or rentals. (19) Farmers' market, temporary. (20) Flea market. (21) Funeral home. (22) Garden center. (23) Health club. (24) Healthcare facility, outpatient. (25) Home occupation. (26) Homeless shelter. (27) Hospitals. (28) Hotel/motel. (29) Laundry, self-serve. (30) Motor vehicle repair station. (31) Motor vehicle salesroom/rentals. (32) Motor vehicle service station. (33) Motor vehicle wash. (34) Movie theater. (35) Nightclub. (36) Pawn shop. (37) Place of worship. (38) Office. (39) Recreation, indoor commercial. (40) Recreation, outdoor commercial. (41) Residential care facility. (42) Restaurant. (43) Restaurant, quick service. (44) Retail, big box. (45) Retail, goods and services. (46) Self-service storage facility. (47) Taxi dispatch stand. C. Accessory uses. The following uses are permitted accessory uses within the HC District: (1) Drive-through. (2) Uses and structures accessory to a principal use as permitted and subject to the requirements of Article IV , § 305-25 , Accessory uses and structures. D. Special use permits. Certain uses require a special use permit from the Planning Board, subject to the requirements of Article VIII , § 305-104 , Special use permits. The following uses are allowed as special permit uses within the HC District: (1) Wireless telecommunications facility. E. Prohibited uses. Uses that are not expressly permitted in this section are prohibited. F.
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.
