32 E Genesee Street, Auburn, NY 13021

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List Price
$525,000
Status
ACTIVE
MLS#
S1664117
Price Change
▼ $125,000 1780083920
Year Built
1988
Stories
2
Acres
0.15
Living Area
7,000
Region
Auburn

Property Description

Exceptional mixed-use investment opportunity positioned on one of the most highly trafficked commercial corridors in the city. This well-maintained, two-story building encompasses approximately 7,000 square feet and offers a strong blend of stable residential income and flexible commercial space. The property features three residential apartments, including two two-bedroom units and one one-bedroom unit, providing consistent rental demand and diversified income streams. In addition, this property offers 2 separate commercial spaces. One space is two stories and offers approximately 2700 square feet while the other offers approximately 1300 square feet. These commercial spaces offer excellent visibility and versatility for retail, office, or service-based tenants. Situated on the second busiest commercial corner in the city, the location delivers outstanding exposure, steady vehicle and foot traffic, and long-term investment appeal. The site also includes ample on-site parking with 20+ spaces, a rare and valuable amenity for both residential and commercial occupants. This turnkey asset currently generates an annual net operating income exceeding $57,000, making it an attractive opportunity for investors seeking reliable cash flow with upside potential. Detailed rent rolls and financial documentation will be provided to qualified, bona fide buyers upon request. A prime location, strong income, and a well-maintained structure combine to make this a compelling addition to any investment portfolio. There is currently 2500 sqft of space available for lease. This space offers two levels all with a great view of the entire glass front. This space also offers a reception area, 8 offices, a conference room, half bath as well as a break room.

Additional Information

Taxes
$13,625
School District
Auburn
Water
Public
Sewer
Public Sewer

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Listing courtesy of Baier Real Estate LLC. Contact: