Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    258 Hamilton St Geneva, NY 14456

    Sponsored
    For Sale
    $599,000

    COMMERCIAL - Geneva, NY

    Property size:
    6,273 SF
    Lot size:
    0.28 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 20 at 9:06 pm

    Property Features for 258 Hamilton St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    B1
    Rooms
    Basement
    APN
    320500-104-014-0004-038-000-0000
    Parking
    25
    Size
    6,273 SF
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    2
    Flooring type
    Vinyl, Carpet, Linoleum
    Roof type
    Asphalt

    We can help!

    Listing Contact
    John Parrott

    Coldwell Banker Finger Lakes (315) 789-6768 [email protected]

    Listing agent John P. Parrott III (315) 789-6768 License #10301221870

    Listing date Jan 5, 2026

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Geneva Commercial Property For Sale

    Located in the heart of Geneva's business district, the property at 258 Hamilton Street offers a versatile space in the Finger Lakes region. The property benefits from high visibility and consistent foot and vehicle traffic due to its location directly across from Hobart and William Smith Colleges and near Wegmans. Currently operating as a restaurant, bar, and event venue, the property includes dining areas, a full-service bar, and event spaces suitable for private gatherings, live entertainment, and community events. The commercial kitchen is equipped to handle both on-site dining and off-site catering. The property is situated on a corner lot with ample parking to accommodate large-scale events. The layout is adaptable for its current use or for retail, wine tasting, residential, or other ventures. Its proximity to Seneca Lake and other regional attractions enhances its appeal to both locals and tourists. The property size is 6273 square feet and the lot size is 0.2806 acres. The zoning is B1. This property offers opportunities to capitalize on its established reputation and explore new possibilities for growth in Geneva's business community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dana's Time Out Restaurant ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Linden Social, Dana's Time Out, Long Pier Ice Cream & Rentals, Inland Reef, Kindred Fare

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Ontario
    State
    New York
    Longitude
    -76.99349
    Latitude
    42.859395

    Nearby Similar for Sale

    • New
      $1,650,000
      31,150 SF

      Historic Geneva Boutique Hotel Project

      Turn-key real estate development project in Geneva's Historic District.
      520 S Main St, Geneva, NY 14456
      View Details
    • $799,999
      4,554 SF

      Historic Macberns House Investment Opportunity

      Historic Geneva property with income potential and Seneca Lake views.
      379 S Main St, Geneva, NY 14456
      View Details
    • $359,000
      Pending

      Colonial with Income Potential

      Versatile property with rental opportunities and commercial zoning.
      1744 State Route 5 And 20, Geneva, NY 14456
      View Details
    • $335,000
      5,794 SF

      Renovated Mixed-Use Geneva Investment

      Fully renovated mixed-use property with income potential in desirable location.
      86 E North St, Geneva, NY 14456
      View Details
    • $325,000
      3,366 SF

      Fully Occupied Geneva Triplex Investment

      Stabilized triplex in Geneva, NY with strong rental demand.
      31 Genesee St, Geneva, NY 14456
      View Details
    • $139,000
      Pending

      Geneva Duplex in Castle Heights

      Investment opportunity near Geneva Hospital, Hobart and William Smith Colleges.
      160 Lafayette Ave, Geneva, NY 14456
      View Details
    • $109,500
      2,702 SF

      Charming Geneva Two-Family Home

      Two-family home near Seneca Lake, ideal for owner occupancy.
      53 Lewis St, Geneva, NY 14456
      View Details
    • $399,900
      3,616 SF

      Geneva Mixed-Use Investment Opportunity

      Commercial storefront, single-family home, and duplex in Geneva, NY.
      297 E North St, Geneva, NY 14456
      View Details
    • $799,900

      Established Bar and Grill Opportunity

      Thriving bar and grill with expansion potential in downtown Geneva.
      38 Seneca St, Geneva, NY 14456
      View Details
    • $375,000

      Mixed-Use Property Near Seneca Lake

      Mixed-use property with commercial space and updated apartment near Seneca Lake.
      436 Exchange St, Geneva, NY 14456
      View Details
    • $650,000

      Established Pizzeria with Income Apartments

      Turn-key pizzeria and Italian restaurant with three income-producing apartments.
      99 N Genesee St, Geneva, NY 14456
      View Details
    • $395,000

      Restaurant and Bar Near Seneca

      Restaurant and bar with apartments near Seneca Lake for sale.
      293 Main St, Geneva, NY 14456
      View Details

    FAQs

    What type of property is this?
    Bar - Versatile property in Geneva's business district, near colleges and Wegmans.
    Where is this bar located?
    The property is located at 258 Hamilton St Geneva, NY.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Prime location in Geneva's business district, directly across from Hobart and William Smith Colleges and steps from Wegmans, ensuring **high visibility and traffic**.; - Currently operating as a restaurant, bar, and event venue with **all essential equipment, including a fully outfitted commercial kitchen** for on-site dining and off-site catering.; - Flexible layout suitable for continuing current use or redevelopment for retail, wine tasting, residential, or other ventures.
    (315) 789-6768
    Request Owner's contact information
    258 Hamilton St Geneva, NY 14456
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    258 Hamilton St
    Geneva, NY 14456
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    258 Hamilton St Geneva, NY 14456
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Parrott
    Real Estate License ID: 10301221870
    (315) 789-6768
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.