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Metcalf Plaza 144 Genesee St 61,712 SF 100% Leased Office Building Auburn, NY 13021 For Sale
Investment Highlights
- Five-story, 61,712± SF Mixed-Use Redevelopment Opportunity in Downtown Auburn, NY
- ?Strategic, Prominent Landmark Building Ideal for Residential Conversion with Retail Components
- Auburn stands to benefit from its proximity to Syracuse and the transformative Micron Technology $100B semiconductor campus development in Clay, NY
- Currently 45,000 SF Medical Office, 10,000 1st Floor Lobby with Retail and Basement Restaurant
- ?Convenient Access to Major Transportation Routes Servicing Syracuse, Rochester, Ithaca and the Finger Lakes Region
Executive Summary
The East Hill Medical Building, also known as Metcalf Plaza, is currently for sale.? This five-story, landmark building sits in the heart of Downtown Auburn and offers excellent visibility and accessibility.? The top four floors, currently occupied by various offices under the East Hill Medical umbrella, will be vacated in 2027.? The building presents itself as an ideal redevelopment project for residential and retail use and even contains a former basement restaurant that could be reimagined, as well.?
Situated at the northern end of Owasco Lake and just 25 miles west of Syracuse, Auburn serves as the hub of Cayuga County.? It's location in the Finger Lakes Region offers the unique combination of small-city convenience, historic character, and direct access to one of the Northeast's premier tourism destinations.? The diverse local economy includes healthcare, manufacturing, education, government, and tourism.? Auburn also benefits from its proximity to the greater Syracuse metropolitan area and the transformational economic impact of Micron Technology's semiconductor campus under construction in nearby Clay, NY.?
Downtown Auburn has experienced significant revitalization and today offers an expanding collection of locally owned restaurants, craft breweries, specialty retailers, galleries, and entertainment venues.? Downtown Auburn has been the recipient of significant New York State Downtown Revitalization Initiative funding, resulting in substantial public and private investment, streetscape improvements, historic building renovations, and new residential and mixed-use development opportunities.?
Situated at the northern end of Owasco Lake and just 25 miles west of Syracuse, Auburn serves as the hub of Cayuga County.? It's location in the Finger Lakes Region offers the unique combination of small-city convenience, historic character, and direct access to one of the Northeast's premier tourism destinations.? The diverse local economy includes healthcare, manufacturing, education, government, and tourism.? Auburn also benefits from its proximity to the greater Syracuse metropolitan area and the transformational economic impact of Micron Technology's semiconductor campus under construction in nearby Clay, NY.?
Downtown Auburn has experienced significant revitalization and today offers an expanding collection of locally owned restaurants, craft breweries, specialty retailers, galleries, and entertainment venues.? Downtown Auburn has been the recipient of significant New York State Downtown Revitalization Initiative funding, resulting in substantial public and private investment, streetscape improvements, historic building renovations, and new residential and mixed-use development opportunities.?
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
61,712 SF
Building Class
C
Year Built
1968
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
10,800 SF
Building FAR
3.27
Lot Size
0.43 AC
Zoning
C2 - Central Commercial
Parking
16 Spaces (0.26 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Air Conditioning
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 050100-115-060-0001-041-000-0000 | Improvements Assessment | $1,811,200 |
| Land Assessment | $91,600 | Total Assessment | $1,902,800 |
Property Taxes
Parcel Number
050100-115-060-0001-041-000-0000
Land Assessment
$91,600
Improvements Assessment
$1,811,200
Total Assessment
$1,902,800
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Metcalf Plaza | 144 Genesee St
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