Commercial Land With Existing
For Sale
$2,500,000
1700 Genesee Street, Utica, NY 13502
Offering combines a McDonald’s ground lease, a vacant former bowling alley, and additional land at two Genesee Street addresses.
Property Size38,458 SF
Price / SF$65.01
Days on Market152
Property Features for 1700 Genesee Street
General Information
Standard status
Active
Size
38,458 SF
Property subtype
Retail
Building Details
Building Size
38,458 SF
Listing Agency:
Albany Office
(518) 954-9160
Listed By:
Jeffrey D'Amore, SIOR
(518) 954-9160
Source:
Pyramidbrokerage
Added: Apr 1
Changed: Aug 30
Last Checked: Aug 30 at 10:34AM
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 Albany Office
Investment Insights
Based on property information with market context.
This commercial land offering includes a McDonald’s ground lease at 1700 Genesee Street, a vacant former bowling alley at 1724 Genesee Street, and additional vacant land at the corner of Sunset and Shepard Place. The leased building contains approximately 3,656 square feet, while the former bowling alley contains approximately 34,802 square feet on 3.3 acres.
The McDonald’s lease began in 1999 and is currently in its second of four five-year renewal options. The offering also includes 1.31 acres of vacant land, providing multiple existing property components across the Genesee Street and Sunset-Shepard Place locations.
The McDonald’s lease began in 1999 and is currently in its second of four five-year renewal options. The offering also includes 1.31 acres of vacant land, providing multiple existing property components across the Genesee Street and Sunset-Shepard Place locations.
Key Highlights
- McDonald’s ground lease at 1700 Genesee Street
- 3,656+/- SF leased building
- 34,802+/- SF former bowling alley at 1724 Genesee Street
Property Analytics
Property Profile
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 13502, NY
33,990
Population
15,337
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
51.4 sq mi
ZIP Area
661
Density / Sq Mi
$59,530
Median Household Income
$36,927
Median Earnings
$965
Median Rent
$149,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Offering combines a McDonald’s ground lease, a vacant former bowling alley, and additional land at two Genesee Street addresses.
Where is this commercial land located?
The property is located at 1700 Genesee Street 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: McDonald’s ground lease at 1700 Genesee Street; 3,656+/- SF leased building; 34,802+/- SF former bowling alley at 1724 Genesee Street
