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    51 Central Ave Geneva, NY 14456

    For Sale
    $450,000

    Large industrial building, ample parking, needs repairs.

    Property size:
    29,941 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This expansive mixed-use property, located at 51 Central Ave in Geneva, NY, presents a significant investment opportunity. The 29,941 square foot building sits on a 2.18-acre lot and boasts multiple overhead and grade-level doors and docks, providing excellent access for loading and unloading. A substantial parking area is also available, adding to the property's functionality. The property currently houses a motorcycle repair business occupying approximately 4,000 square feet

    Property Features for 51 Central Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    29,941 SF
    Lot Size
    94,961 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Ontario
    State
    New York
    Longitude
    -76.98058
    Latitude
    42.88046

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    FAQs

    What type of property is this?
    Mixed-use property - Large industrial building, ample parking, needs repairs.
    Where is this mixed-use property located?
    The property is located at 51 Central Ave Geneva, NY.
    What is the asking price?
    The asking price for this property is $450,000.
    (585) 362-6810
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    51 Central Ave Geneva, NY 14456
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    Realmo Value Estimation

    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.

    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.

    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
    51 Central Ave Geneva, NY 14456
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