65 Franklin St | Auburn, NY 13021
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65 Franklin St
Auburn, NY 13021
Retail Property For Sale
Investment Highlights
- NY Traffic Data Viewer - 19,000+ cars a day on the E/W Aterial.
- Plenty of short-term parking available.
- Multi-Use - 5 apartments/ 3 Commercial spaces.
Executive Summary
CALLING ALL INVESTORS/OWNER/OPERATORS! The numbers just make sense on this one. 65 Franklin St. (R1523545) and 67 Franklin St. (R1523546) are being offered as a package! All separate utilities make it easy to keep track of each unit, and 65 Franklin boasts a 2,500+ ground floor commercial space, with 2 spaces each with their own entrance, bathrooms, and utilities. The ground floor is being shelled out, so you can add your own vision. Whether you lease it out, or maybe put your business there, and let the tenants pay the mortgage, it’s up to you! Plenty of short-term street parking available. There are 5 apartments above, that provide steady income, and are fully occupied. Many of the apartments have had light renovations, as well as the common areas. All have separate utilities which makes it nice! 67 Franklin is a 1,720 sq. Ft. Space that brings in $1,800 a month (Lease is until 2026, with option to renew). This space had been remodeled, complete with a newer roof. Look at the numbers on this one. Lots of upside! Run the numbers and check it out!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,018 SF
Building Class
C
Year Built
1925
Price
$374,900
Price Per SF
$42
Percent Leased
89%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.56
Lot Size
0.13 AC
Zoning
C1
Parking
4 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
PROPERTY TAXES
| Parcel Number | 050100-116-031-0001-039-000-0000 | Improvements Assessment | $141,000 |
| Land Assessment | $19,200 | Total Assessment | $160,200 |
PROPERTY TAXES
Parcel Number
050100-116-031-0001-039-000-0000
Land Assessment
$19,200
Improvements Assessment
$141,000
Total Assessment
$160,200
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