AUBURN, N.Y. — John Bouck, owner/broker of Bouck Real Estate, announced the recent sale of the 4,400-square-foot office building located at 126-128 Grant Ave. in Auburn.
The Bouck firm represented the seller of the property, BBTC Associates, in the transaction, as well as the buyers — the principals of the Robert C. Dempsey Insurance Agency. The sales price of the building was $350,000, according to a news release from Bouck.
The property, which includes one-quarter acre of land, is assessed at $324,300 for 2014, according to Cayuga County online property records.
Bouck says in the release that the building is one of the few modern office structures located in the Grant Avenue corridor. He indicated the insurance agency would be occupying a large portion of the building, but, in addition to the existing tenants, slightly more than 1,000 square feet of prime office space remains available for other tenants.
Robert C. Dempsey Insurance Agency is headquartered in Groton and has offices in Auburn, Weedsport, and Moravia, according to its website. Bob Dempsey and his wife, Margaret Jean, founded the agency in the early 1970s. Their son, Christopher Dempsey, worked for the agency and took ownership of it in 1990, the site says.
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