Development Opportunity – Auburn, NY

132-134 Grant Ave Auburn, NY 13021

132-134 Grant Ave, Auburn, NY, 13021
132-134 Grant Ave, Auburn, NY, 13021 132-134 Grant Ave, Auburn, NY, 13021 132-134 Grant Ave, Auburn, NY, 13021 132-134 Grant Ave, Auburn, NY, 13021 132-134 Grant Ave, Auburn, NY, 13021 132-134 Grant Ave, Auburn, NY, 13021
FOR SALE
Property Type:
Other Land
Amount:
$435,000
Last Verified:
Nov 12, 2024

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Highlights

  • High Traffic Count
  • Zoned HC Commercial
  • 30K AADT Exposure
  • 200+ Ft Frontage

Description

Offering 1.64 acres in Auburn’s highly visible commercial corridor, this site at 132-134 Grant Avenue is a standout retail or office development opportunity. With over 200 feet of road frontage on Grant Avenue, a major arterial road with an Average Annual Daily Traffic exceeding 30,000 vehicles, the property offers exceptional exposure and accessibility, ideal for businesses seeking high traffic visibility.

Zoned HC Highway Commercial, the site supports various commercial uses, including retail, restaurants, medical offices, and automotive services. This flexibility, ample space, and a favorable layout make it a strategic location for national or regional tenants aiming to capitalize on Auburn's vibrant commercial activity.

Investors and developers can envision retail or office space catering to Auburn’s thriving market. Whether for single or multi-tenant use, this site’s position and zoning versatility align well with current demand trends.

Auburn, New York, is a city in Cayuga County, located at the northern tip of Owasco Lake in the Finger Lakes region. With a population of approximately 25,692 as of 2024, Auburn offers a blend of historical significance and modern amenities.

Auburn's economy is diverse, with sectors ranging from manufacturing to healthcare. The city's strategic location provides easy access to major highways, facilitating convenient travel to nearby cities such as Syracuse and Rochester. Educational institutions like Cayuga Community College contribute to a well-educated workforce, supporting local businesses and industries.

The community is characterized by a mix of residential neighborhoods, commercial districts, and recreational areas, including Emerson Park on Owasco Lake, offering outdoor activities and scenic views.

Auburn's commitment to preserving its historical heritage while fostering economic growth makes it an attractive location for both residents and businesses.


Year Built: 1840
Building Size: 2464sq ft
Building Class: C
Lot Size: 1.64 acres


Documents

132-134 Grant Ave Sale Flyer
HC Highway Commercial District.pdf

Map of 132-134 Grant Ave, Auburn, NY, 13021

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.