288 Genesee Street, Auburn, NY 13021 | MLS #S1672473 | HUNT Real Estate
 
  • 69 days on site
  • 34 views

Prime Investment Opportunity –multi-use commercial building is a money-maker from day one! Currently appraised at $360,000. Current rents: 1st floor Restaurant/Bar $2500 month, Apartment #2 $950 month, Apartment #1 $875 month for a total of $4325 per month. 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 water heater installed for apartment #1 in 2024, a new range and refrigerator in 2024. In 2025 there was a new boiler & hot water heater installed for apartment #2 as well as well being completly remodeled in Febuary of 2026 with a new range in 2026 and new refrigerator in 2025 a new range in 2026 and refrigerator in 2025. 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.

Source: New York Alliance, MLS#: S1672473

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  • Property Type
    Residential Income
  • Lot
    0.13 acres

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Robert Harvey
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  • Median Age
    43
  • Population Density
    312
  • College Educated
    40%
  • Estimated Median Income
    $51,517
  • Estimated Total Home Owners
    10,071
  • Estimated Total Renters
    6,477
  • Owner / Renter Divide
    61% / 39%
  • Estimated Average Household Size
    2
  • Total Population
    37,528
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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History

Date Event Value Agent
4/30/2026Source: New York Alliance Price Reduction
$239,000 -7.7%
Robert Harvey
Listing Agent
4/30/2026Source: New York Alliance Price Reduction
$239,000 -7.7%
Robert Harvey
Listing Agent
4/21/2026Source: New York Alliance Added to Database
April 21, 2026
Robert Harvey
Listing Agent
4/21/2026Source: New York Alliance Added to Database
April 21, 2026
Robert Harvey
Listing Agent