107 Division StAuburn, NY 13021

Property Details for 107 Division St

Year built

1930

Lot size

0.28 AC

Property size (Sq ft)

7,558 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity encompasses a thriving, historically significant bar established in 1933, situated in Auburn, NY at 107 N Division St. The 7,558 square foot property sits on a 0.28-acre lot and includes a fully operational bar with a loyal customer base and a ready-to-be-utilized kitchen equipped with fryers, an ice machine, a small cooktop, and a brand-new hood/ansul system. An attached pavilion, complete with four televisions, provides ample space for expanded food and beverage service. The property boasts abundant parking with a lot accommodating 25+ vehicles. Its prime location offers unique synergy potential with the nearby Doubleday baseball field, attracting significant foot traffic. Adding to the investment appeal are two multi-family homes on the same property, comprising six two-bedroom apartments currently generating $3,450 in monthly rent. Significant rental income increases are projected through market-rate adjustments, potentially adding over $1,000 monthly to the bottom line. This turnkey operation presents a rare chance to acquire a well-established business with substantial upside potential in a desirable location. The asking price is $649,999.

Location Insight

City

Auburn

County

Cayuga

State

New York

Latitude

42.9391

Longitude

-76.5861

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