Historic Bar and Loft
226 Genesee St Utica, NY 13502
226 Genesee St, Utica, NY, 13502
$799,900
For Sale
$799,900
Main level features a preserved bar with Meyda Tiffany lighting and original woodwork; second and third floors offer loft-style possibilities.
Property Size5,950 SF
Price / SF$134.44
Days on Market282
Property Features for 226 Genesee St
General Information
- Standard status
- Active
- Size
- 5,950 SF
Listing agency
Coldwell Banker Faith Properties
(315) 525-2733
Listed by
Lori DiNardo-Emmerich · License #10401218651
(315) 525-2733
Source
Exprealty
Added: Oct 14, 2025 Updated: Jul 21 at 4:30AM Checked: Jul 21 at 4:30AM
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 Coldwell Banker Faith Properties
Investment Insights
Based on property information with market context.
This downtown property includes a historic main-level bar space with preserved character and craftsmanship. The bar area features hand-crafted Meyda Tiffany lighting and the original wood bar from St. Mark’s Tavern, dated back to the 1950s. The second and third floors provide expansive layouts with high ceilings and large windows, along with original architectural details.
Located on Genesee Street in downtown Utica, the building is described as being within walking distance to the brand-new Wynn Hospital, the historic Stanley Theatre, the Adirondack Bank Center, and the Harbor Point development, with nearby restaurants, boutique hotels, and cultural attractions.
The configuration supports multiple redevelopment directions, including restoring the bar concept or converting the upper levels into loft apartments, creative studios, or unique living/working spaces, based on the existing multi-level layout.
Located on Genesee Street in downtown Utica, the building is described as being within walking distance to the brand-new Wynn Hospital, the historic Stanley Theatre, the Adirondack Bank Center, and the Harbor Point development, with nearby restaurants, boutique hotels, and cultural attractions.
The configuration supports multiple redevelopment directions, including restoring the bar concept or converting the upper levels into loft apartments, creative studios, or unique living/working spaces, based on the existing multi-level layout.
Key Highlights
- Downtown Utica property on Genesee Street with historic bar space on the main level
- Main‑level preserved bar includes hand‑crafted Meyda Tiffany lighting and original wood bar from St. Mark’s Tavern (dating back to the 1950s)
- Second and third floors offer loft‑style possibilities for loft apartments, creative studios, or living/working spaces
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.5k | $21.60 |
| − Vacancy | −$15.4k | −$2.59 |
| EGI | $113.1k | $19.01 |
| − OpEx | −$42.4k | −$7.13 |
| NOI | $70.7k | $11.88 |
5,950 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.07M
$937.1K – $1.25M
NOI $74,970 @ 7.0% cap · market cap 9.37%
Second Best
Mixed Use
$1.01M
$883.6K – $1.18M
NOI $70,686 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,756 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Griffin's Pub
Bar & Pub
Similar For Sale Nearby
Similar Off Market Nearby
- Shadowbox Lounge — 1216 Park Ave, Utica, NY 13501
- The Utica Lounge — 812 Charlotte St, Utica, NY 13501
- Johnny Nole’s Bar and Grill — 16 Hopper St, Utica, NY 13501
- Kozar's Grill — 1000 Sunset Ave, Utica, NY 13502
- Dinghy — 728 Plant St, Utica, NY 13502
FAQs
What type of property is this?
Bar & Pub - Main level features a preserved bar with Meyda Tiffany lighting and original woodwork; second and third floors offer loft-style possibilities.
Where is this bar & pub located?
The property is located at 226 Genesee St Utica, NY.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Downtown Utica property on Genesee Street with historic bar space on the main level; Main‑level preserved bar includes hand‑crafted Meyda Tiffany lighting and original wood bar from St. Mark’s Tavern (dating back to the 1950s); Second and third floors offer loft‑style possibilities for loft apartments, creative studios, or living/working spaces
