Commercial Land with Existing
For Sale
Contact for pricing
1700-1724 Genesee St, Utica, NY 13501
Assemblage includes an operating ground-lease restaurant, a vacant bowling facility, and additional land for redevelopment.
Property Size38,458 SF
Price / SF$65.01
Days on Market199
Property Features for 1700-1724 Genesee St
General Information
Standard status
Active
Size
38,458 SF
Property subtype
Retail
Lease Type
NNN
Listing Agency:
Cushman & Wakefield Pyramid Brokerage Company, Inc - Latham, New York
Listed By:
Jeffrey D'Amore, SIOR · License #NY 10311208356
Source:
Crexi
Added: Apr 1
Changed: Oct 7
Last Checked: Oct 15 at 12:02AM
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 Cushman & Wakefield Pyramid Brokerage Company, Inc - Latham, New York
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial land assemblage includes the McDonald’s ground-lease property at 1700 Genesee Street, a vacant former bowling alley at 1724 Genesee Street, and a separate vacant parcel at the corner of Sunset and Shepard Place. The restaurant building contains approximately 3,656 square feet, while the former bowling facility contains approximately 34,802 square feet on 3.3 acres. The additional vacant land encompasses 1.31 acres.
The McDonald’s lease began in 1999 and is currently in the second of four five-year renewal options. The bowling facility and vacant land provide existing commercial improvements and development land within the assemblage.
The McDonald’s lease began in 1999 and is currently in the second of four five-year renewal options. The bowling facility and vacant land provide existing commercial improvements and development land within the assemblage.
Key Highlights
- 3.3‑acre parcel with a former bowling alley containing approximately 34,802 SF
- Additional 1.31 acres of vacant land at Sunset and Shepard Place
- McDonald’s ground lease at 1700 Genesee Street
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 30%
Electronics 2%
Home Improvements & Furnishings 2%
McDonald's
Dining
20,163 visits/mo
0.1 miles
Arby's
Dining
9,526 visits/mo
0.1 miles
Family Dollar
Shops & Services
8,008 visits/mo
0.1 miles
AutoZone
Shops & Services
3,855 visits/mo
0.0 miles
Mavis Discount Tire
Shops & Services
2,382 visits/mo
0.3 miles
Demographics for 13501, NY
40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Commercial land - Assemblage includes an operating ground-lease restaurant, a vacant bowling facility, and additional land for redevelopment.
Where is this commercial land located?
The property is located at 1700-1724 Genesee St Utica, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3.3‑acre parcel with a former bowling alley containing approximately 34,802 SF; Additional 1.31 acres of vacant land at Sunset and Shepard Place; McDonald’s ground lease at 1700 Genesee Street
