For Sale
$425,000

50 Wallace Ave Auburn, NY 13021

10,738 SF, 1.36 Acres, High Visibility

Overview

Added:
Feb 3
Days on market:
78
This exceptional commercial property at 50 Wallace Avenue in Auburn, NY, presents a remarkable investment opportunity. Boasting a substantial 10,738 square feet of space on a generous 1.36-acre lot, this well-maintained building offers unparalleled versatility. The clear-span construction allows for flexible and adaptable layouts to suit a wide range of commercial uses. The current owner occupies approximately 2,000 square feet and has a three-year lease agreement in place with the new buyer. Specific lease terms are negotiable post-sale. This property is ideal for businesses seeking ample space and the freedom to customize their workspace. Its prime location in Auburn offers excellent visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. The asking price of $425,000 represents exceptional value for a property of this size and potential. The existing tenant provides a steady income stream during the initial three years, mitigating risk and offering immediate return on investment. Don't miss this chance to acquire a highly adaptable commercial space with significant growth potential in a thriving Auburn location. Serious inquiries only.

Property Details for 50 Wallace Ave

Property type
Commercial real estate
Square Feet
10,738 SF
Year Built
1915
Lot Size (sq. ft)
59,242 SF

Location Insight

City
Auburn
County
Cayuga
State
New York
Latitude
42.92813
Longitude
-76.58897

FAQs

What type of property is this?
Commercial real estate - 10,738 SF, 1.36 Acres, High Visibility
Where is the commercial real estate located?
The property is located at 50 Wallace Ave Auburn, NY.
What is the asking price?
The asking price for this property is $425,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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50 Wallace Ave
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