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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,316 sqft
Price per Sqft $25
Subdivision Map/49 City Lts Surv
MLS Listing ID S1672475
Construction Status Existing
HOA Y/N No
Year Built 1948
Annual Tax Amount $39,598
Lot Size 5,723 Sqft
Acres 0.1314
Lot Dimensions 49X115
Property Description
Prime Investment Opportunity –multi-use commercial building is a money-maker from day one! 6-04-26 appraised at $360,000, see attachments. Current rents: 1st floor Restaurant/Bar $2500 month, Apartment #2 $950 month, Apartment #1 $875 month for a total of $4325 per month. This multi-use 9316 sq. ft. Building has frontage on both Genesee and Van Patten Street, a high-traffic high-visibility corner lot in Auburn, N.Y. close to shopping including Tops, Bass Pro and more. The main level features a fully operational restaurant/bar seating upto 100 patrons with outdoor seating possible. The restaurant equipment and furnishings belong to the restaurant tenant. This offers an ideal spot for you to open your own Restaurant/Bar business or continue with the current existing well-established tenant for steady income. Upstairs, you'll find two spacious, fully rented 3-bedroom apartments with long term tenants, providing reliable rental revenue. With multiple streams of income under one roof, this property is perfectly positioned to maximize returns. There was a new boiler & hot water heater installed for apartment #1 in 2024, a new range and refrigerator in 2024. In 2025 there was a new boiler & hot water heater installed for apartment #2 as well being completly remodeled in Febuary of 2026 with a new range in 2026 and a new refrigerator in 2025. The central air & heat unit was replaced in 2019 in the restaurant/bar. Whether you're an experienced investor or just getting started, this is the kind of property that builds wealth – commercial exposure, residential stability, and cash flow you can count on! Sale includes building only.
Location
State NY
County Cayuga
Community Map/49 City Lts Surv
Area Auburn-050100
Zoning NC
Interior
Heating Gas, Individual, Separate Meters, Central, Forced Air
Cooling Separate Meters, 1 Unit, Central Air
Flooring Hardwood, Linoleum, Plywood, Varies, Vinyl
Inclusions Land and Building
Fireplace No
Exterior
Utilities Available Sewer Available, Sewer Connected
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Public Sewer
Level or Stories Two
Construction Status Existing
Schools
School District Auburn
Others
Tax ID 050100-115-082-0001-030-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1672475
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Cher Brundage
Broker Associate License ID: 30BR1121735
Broker Associate License ID: 30BR1121735