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    291 Genesee St Utica, NY 13501

    Sponsored
    For Sale
    $845,000

    Prime location, 17,500 SF, ample parking.

    Property size:
    17,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 17,500 square foot office building presents a unique investment opportunity in the heart of Utica's revitalized downtown. Located on Genesee Street, this well-maintained property boasts a highly desirable address, offering excellent visibility and accessibility. The building provides ample parking for 35 vehicles, a significant advantage in a bustling urban setting. Its strategic location allows convenient access from both Park Avenue and Dakin Street, ensuring easy ingress and egress for employees and clients alike. The property is ideally positioned to capitalize on the ongoing resurgence and growth experienced in downtown Utica, making it an attractive prospect for a variety of businesses. The building's substantial size offers flexibility for a single large tenant or the potential for multiple smaller occupants. This is a rare chance to acquire a substantial, well-located office building in a thriving urban core. The property's excellent condition and prime location combine to create a compelling investment opportunity with significant long-term potential. The building's size and parking capacity make it suitable for a wide range of professional uses. Don't miss this chance to own a piece of Utica's vibrant downtown.

    Property Features for 291 Genesee St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    17,500 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Murad George C Attorney Murad And Murad,P.C. Employment Attorney Olivadoti James V Attorney Eisenbach & Ruhnke Engineering ... Engineering Consultant Pathway Environmental Consulting, ... Environmental Consultant

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Oneida
    State
    New York
    Longitude
    -75.23824
    Latitude
    43.0976

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, 17,500 SF, ample parking.
    Where is this office property / space located?
    The property is located at 291 Genesee St Utica, NY.
    What is the asking price?
    The asking price for this property is $845,000.
    (315) 738-1741
    Request Owner's contact information
    291 Genesee St Utica, NY 13501
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    Utica, NY 13501
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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
    291 Genesee St Utica, NY 13501
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