288 Genesee Street, Auburn, NY 13021
Local realty services provided by:HUNT Real Estate ERA
Listed by:
- Robert Harvey(315) 430 - 7911HUNT Real Estate ERA
MLS#:S1632609
Source:NY_GENRIS
Price summary
- Price:$229,900
- Price per sq. ft.:$24.68
About this home
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 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 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.
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Home facts
- Year built:1948
- Listing ID #:S1632609
- Added:53 day(s) ago
- Updated:October 21, 2025 at 03:44 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Living area:9,316 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard, Forced Air, Gas, Hot Water
Structure and exterior
- Roof:Asphalt
- Year built:1948
- Building area:9,316 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$229,900
- Price per sq. ft.:$24.68
- Tax amount:$7,158
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