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:$249,900
- Price per sq. ft.:$26.82
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. 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:1 day(s) ago
- Updated:August 29, 2025 at 08:12 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:$249,900
- Price per sq. ft.:$26.82
- Tax amount:$7,158
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