$229,900

288 Genesee Street, Auburn, NY 13021

  • 9,316 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon5,724sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $25/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime Investment Opportunity – 13.67 cap rate - Cash Flow & Versatility! This multi-use commercial building is a money-maker from day one! 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 equivalent and finishings below 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 w ater heater installed for apartment #1 in 2024. In 2025 there was a new boiler & hot water heater installed for apartment #2. 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.

Listing Status:
Active
Date Added:
August 28, 2025 at 05:00AM
Listing Office:
Hunt Real Estate ERA : 315-622-5757
Listing Agent:
Robert Harvey : 315-622-5757
MLS ID:
S1632596
  • Flooring: HardwoodLinoleumPlywoodVariesVinyl
  • A/C: Separate Meters1 UnitCentral Air
  • Heating: GasIndividualSeparate MetersCentralForced Air
  • Fireplace: Fireplaces: 0
  • Parking: CommonParking spaces: 6
  • Roofing: Shingle
  • General: 2
  • Originating MLS: NYS_S
  • School District: Auburn
  • County: Cayuga
  • Zoning: NC050100-115-082-0001-030-000-0000
  • Utilities: Sewer AvailableSewer Connected
  • Sewer: Public Sewer
  • Source: NYS_S

This listing courtesy of Robert Harvey, Hunt Real Estate ERA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Genesee Street Elementary School

244 Genesee St, Auburn, NY, 13021

Grades KG-6

0.23 miles away

A

Auburn Junior High School

191 Franklin St, Auburn, NY, 13021

Grades 7-8

2.40 miles away

A

Auburn High School

250 Lake Ave, Auburn, NY, 13021

Grades 9-12

1.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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195 Genesee Street, Auburn, NY 13021
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