Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Versatile Mixed-Use Building in Downtown Title is generated by Realmo AI

    102 Fall St, Seneca Falls, NY 13148

    View on Map
    Claim this Listing
    For Sale
    $368,500

    Highly visible mixed-use commercial building in historic downtown Seneca Falls.

    Type:Commercial
    Added:
    May 21, 2026
    Days on Market:
    10
    Last Refresh:
    May 21 at 7:51 am

    Property Features for 102 Fall St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Derek A. Schlueter

    Listing agent Derek A. Schlueter

    Listing office

    Listing date May 21, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Derek A. Schlueter

    HighLights

    • Highly visible mixed‑use building in historic downtown Seneca Falls with strong foot traffic and prominent storefront exposure.
    • Two spacious street‑level retail storefronts with large display windows and open floor plans.
    • Dedicated second‑floor office suite suitable for professional services or creative workspace.
    • Dramatic vacant third‑floor ballroom with soaring ceilings and original architectural character, offering redevelopment potential.
    • Part of a package deal with multiple properties, presenting a larger investment opportunity.
    • Located in a somewhat walkable area.

    Overview

    Located in the center of historic downtown Seneca Falls, 102 Fall Street is a highly visible and versatile mixed-use commercial building. It offers flexibility for an owner-occupant, investor, or business operator seeking strong foot traffic and prominent storefront exposure. The building includes two spacious street-level retail storefronts, each featuring large display windows, open floor plans, and direct access to the Fall Street corridor. A dedicated second-floor office suite provides a setup for professional services, creative workspace, or administrative operations. The third floor showcases a vacant ballroom, offering soaring ceilings, original architectural character, and redevelopment potential. The property is part of a package deal that must all be sold together with the following addresses: R1682897 388 South Main St. Geneva , R1682905 380 South Main St. Geneva R1682905 35 William ST. Geneva , R1682911 16 State St. Seneca Falls. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 66, indicating it is somewhat walkable.
    Location Intelligence

    Current Use by Public Records

    Morrell & Sipos Law Firm Blush by CVDesigns Clothing & Fashion Store N E S ... Distribution Center

    Suggested Use

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

    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
    -76.798386
    Latitude
    42.9106473

    Nearby Similar for Sale

    • $169,000
      2,172 SF

      Seneca Falls Duplex Opportunity

      Well-maintained duplex with two units and detached garage.
      192 Fall Street, Seneca Falls, NY 13148
      View Details
    • $162,500
      2,208 SF

      Seneca Falls Multifamily Waterfront Property

      Well-maintained duplex with waterfront access in the Finger Lakes region.
      13 Center Street, Seneca Falls, NY 13148
      View Details
    • $1,500,000
      3,444 SF

      Gas Station in Seneca Falls

      Gas station in Seneca Falls, NY, with high traffic.
      38 Auburn Road, Seneca Falls, NY
      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
    • $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?
    Mixed-use property - Highly visible mixed-use commercial building in historic downtown Seneca Falls.
    Where is this mixed-use property located?
    The property is located at 102 Fall St Seneca Falls, NY.
    What is the asking price?
    The asking price for this property is $368,500.
    What are key features of this property?
    This property features: Highly visible mixed‑use building in historic downtown Seneca Falls with strong foot traffic and prominent storefront exposure.; Two spacious street‑level retail storefronts with large display windows and open floor plans.; Dedicated second‑floor office suite suitable for professional services or creative workspace.
    (585) 224-6493
    We can help!
    Listing Contact
    Derek A. Schlueter
    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

    Thank You for Inquiry
    102 Fall St, Seneca Falls, NY 13148
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!