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    405 Exchange St Geneva, NY 14456

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    For Sale
    $599,900

    Commercial building in downtown Geneva with long-term tenants.

    Lot size:
    0.45 Acres

    Property Features for 405 Exchange St

    General Information

    Lot size
    0.45 Acres

    Building Details

    Year built
    1940

    Source: Howard Hanna Agent Belinda A. Fratto

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

    Overview

    Downtown Geneva Commercial Building For Sale

    This commercial building is located in downtown Geneva and offers views of Seneca Lake from the rear. The property houses three established businesses: a Japanese restaurant operating for 12 years, a Mexican restaurant operating for over 5 years, and a dental office that has served the community for 12 years. All tenants have long-term leases and wish to remain. The building also features an approximately 1,800-square-foot open space in the back with lake views, offering the potential for a fourth rental opportunity. The property is handicap accessible and includes a private parking lot, as well as ample street parking. It benefits from a location with high visibility and foot traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ichiro Japanese Restaurant Japanese Restaurant Polise Dental Dentist Fong Warren DDS Dentist Eric Polise Dentist Taqueria Los Amigos Mexican Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Feast & Co. Catering, Heavy Kevi's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Ontario
    State
    New York
    Longitude
    -76.980663
    Latitude
    42.8686445

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    FAQs

    What type of property is this?
    Restaurant - Commercial building in downtown Geneva with long-term tenants.
    Where is this restaurant located?
    The property is located at 405 Exchange St Geneva, NY.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - Prime Downtown Geneva location offering high visibility and foot traffic.; - Enjoy Unobstructed Seneca Lake views from the rear of the property.; - Benefit from three established, successful businesses (Japanese restaurant, Mexican restaurant, dental office) with long-term leases, ensuring continued income stream.
    (315) 521-7413
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    405 Exchange St Geneva, NY 14456
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    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
    405 Exchange St Geneva, NY 14456
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