Masonic Temple
Mixed Use | 32,208 SqFt
Marketing description
This is an opportunity to buy and renovate one of the oldest and most historic buildings in Auburn. The Masonic Temple Association took over this property in 1911 when George C. Pearson offered the property to the Association. The Association occupied this space until 1993. There are currently grant programs available that this property could qualify for. Go to the CFA portal for more information. There is also a CFA resourse guide. Please inquire. There are 3 newly renovated store fronts that are occupied by long term tenants. These rents help to cover carrying costs. The building offers a newer roof, 3 stories and just over 26,600 sqft. There is 3 heat units, 3 gas meters and 6 electric meters supplying this building. Owner had an architect firm out of Cortland draft plans for apartments, could be amazing office space, dance studio..... Bring your vision and restore this beauty back to what is was.
Investment highlights
One of Auburn’s oldest and most historic buildings
Originally taken over by the Masonic Temple Association in 1911
Association occupied the property until 1993
Eligible for multiple grant programs (via the CFA portal + CFA Resource Guide)
3 newly renovated storefronts with long-term tenants
Rental income helps cover carrying costs
Newer roof
3-story building with 26,600+ sq ft
Multiple utilities in place:
3 heat units
3 gas meters
6 electric meters
Architectural plans drafted for apartment conversion (by a Cortland firm)
Endless redevelopment potential:
Apartments
Office space
Dance studio
Creative/arts space
Community use
Amazing opportunity to restore a historic Auburn landmark
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