Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    27 & 29 Chestnut Street Seneca Falls, NY 13148

    View on Map
    For Sale
    Contact for pricing

    COMMERCIAL - Seneca Falls, NY

    Lot size:
    0.25 Acres
    Added:
    Aug 25, 2025
    Days on Market:
    220
    Last Refresh:
    Apr 1 at 6:06 am

    Property Features for 27 & 29 Chestnut Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    APN
    453289-014-000-0002-047-000-0000
    Lot size
    0.25 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Jane M. Lischak
    Jane M. Lischak

    Listing agent Jane M. Lischak License #30LI0966772

    Listing office Coldwell Banker Finger Lakes 12 N Park Street, Waterloo, NY

    Listing date Aug 25, 2025

    MLS# R1633100 Listing URL

    Copyright © 2025 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.

    Overview

    Cleared Building Lot in Seneca

    This is a cleared building lot situated in the Finger Lakes region. The property is located minutes from award-winning wineries and approximately 10 minutes from Cayuga Lake State Park. The lot is within walking distance of historic downtown Seneca Falls, which features restaurants and museums. The lot size is 0.25 acres and is located in Seneca Falls, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Seneca Falls
    County
    Seneca
    State
    New York
    Longitude
    -76.805281
    Latitude
    42.912899

    Nearby Similar for Sale

    • $162,500
      2,208 SF

      Seneca Falls Multifamily Waterfront Property

      Well-maintained duplex with waterfront access in the Finger Lakes region.
      13 Center Street unit: 11, Seneca Falls, NY 13148
      View Details
    • $109,900
      1,850 SF

      Well-Maintained Duplex Near Cayuga Lake

      Move-in ready duplex ideal for owner-occupants or investment.
      17 Mechanic Street, Seneca Falls, NY 13148
      View Details
    • $162,500

      Seneca Falls Multifamily Home

      Well-maintained duplex with waterfront access in the Finger Lakes.
      13 Center St 11, Seneca Falls, NY 13148
      View Details
    • $1,700,000
      34,000 SF

      Waterfront Redevelopment Opportunity

      32-unit apartment building with redevelopment potential in Seneca Falls, NY.
      2 Fall Street, Seneca Falls, NY, 13148
      View Details
    • $750,000

      Prime Redevelopment Opportunity

      High visibility land ideal for retail, hospitality, and service development.
      2961 NY-318, Seneca Falls, NY
      View Details
    • $599,000

      3-Acre Commercial Land Parcel

      3± acre commercial land parcel available for sale.
      1587 NY Rte 5, Seneca Falls, NY
      View Details
    • $150,000
      2,481 SF

      Former Convenience Store on Main

      Former convenience store suitable for retail, service, or medical office.
      205 Fall St, Seneca Falls, NY 13148
      View Details

    FAQs

    What type of property is this?
    Land - Cleared lot near Finger Lakes, wineries, and Cayuga Lake.
    Where is this land located?
    The property is located at 27 & 29 Chestnut Street Seneca Falls, NY.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Prime, cleared building lot ready for construction.; Located in the heart of the Finger Lakes region.; Minutes from award‑winning wineries.
    (315) 529-5727
    We can help!
    Listing Contact
    Jane M. Lischak
    Jane M. Lischak
    Real Estate License ID: 30LI0966772
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!