Freestanding Retail Building with
420 Hamilton St, Geneva, NY
For Sale
Contact for pricing
Freestanding retail building with drive-thru, pylon sign, and ample parking.
Property Size14,873 SF
Lot Size1.82 Acres
Price / SF$194.98
Days on Market356
Property Features for 420 Hamilton St
General Information
Standard status
Size
Lot size
Property subtype
Properties For Sale
at 420 Hamilton St
420 Hamilton St
AVAILABLE, Now
Floor
Bldg
Size
14,873 SF
Type
RETAIL
Sublease
No
- Excellent opportunity to enter a tight trade area with limited development opportunities.
- This freestanding former pharmacy offers a drive-thru, pylon sign for added visibility, and a signalized entrance for full access.
- Nearby retailers and generators include Walmart, Wegmans, Harbor Freight, Staples, McDonald's, Arby's, Walgreens, Tim Hortons, Tractor Supply Co., AutoZone, and Hobart & William Smith Colleges.
- Freestanding building
- Drive-thru window
- Signalized Entrance
- Pylon Sign
- Large parking field
- Property Taxes: $9.66/PSF
Contact us
Listing Agency:
Donovan Real Estate Services
(716) 998-2943
Listed By:
Brian P Donovan · License NY #10491202934
(585) 703-3888
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 8
Last Checked: Apr 11 at 5:34PM
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 Donovan Real Estate Services
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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 freestanding building, formerly a pharmacy, presents an opportunity to enter a trade area with limited development. The property features a drive-thru window, a pylon sign for visibility, and a signalized entrance. A large parking field is available. Nearby retailers include Walmart, Wegmans, Harbor Freight, Staples, McDonald's, Arby's, Walgreens, Tim Hortons, Tractor Supply Co., and AutoZone. Hobart & William Smith Colleges are also in the vicinity. Property taxes are $9.66 per square foot. The property size is 14873 square feet.
Key Highlights
- Drive‑thru window for convenient customer access
- Signalized entrance providing full and easy access to the property
- Pylon sign offering excellent visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$234,678
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,693,560
$4.7M
Cap Rate 7%
$3,352,543
$3.4M
Cap Rate 9%
$2,607,533
$2.6M
Market Conditions
NOI Build-Up for 14,873 SF
Gross rent
$321.3K $21.60/SF
− Vacancy
−$8.4K −$0.56/SF
EGI
$312.9K $21.04/SF
− OpEx
−$78.2K −$5.26/SF
NOI
$234.7K $15.78/SF
Area
Ontario County, NY
Vacancy
2.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,693,560
Cap Rate 7%
$3,352,543
Cap Rate 9%
$2,607,533
Alternative Uses
Best Use
Specialty Retail
$3.35M
$2.93M – $3.91M
NOI $234,678 @ 7.0% cap · market cap 8.09%
Second Best
Retail
$2.75M
$2.40M – $3.20M
NOI $192,262 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$4.45M
$3.90M – $5.19M
NOI $311,619 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
196k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Groceries 24%
Shops & Services 21%
Home Improvements & Furnishings 9%
Wegmans
Groceries
47,136 visits/mo
0.4 miles
McDonald's
Dining
26,802 visits/mo
0.3 miles
Dunkin' Donuts
Dining
15,277 visits/mo
0.1 miles
Wendy's
Dining
13,450 visits/mo
0.2 miles
Dollar Tree
Shops & Services
13,003 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Roland Lyndaker — 815 Canandaigua Rd, Geneva, NY 144562003
- Michael Salotti — 815 Canandaigua Rd, Geneva, NY 144562003
- Walgreens Pharmacy — 431 Hamilton St, Geneva, NY 14456
- Rite Aid Pharmacy — 420 Hamilton St, Geneva, NY 14456
- John Mcdonald — 431 Hamilton St, Geneva, NY 144563001
Frequently Asked Questions
What type of property is this?
Drug store - Freestanding retail building with drive-thru, pylon sign, and ample parking.
Where is this drug store located?
The property is located at 420 Hamilton St Geneva, NY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Drive‑thru window for convenient customer access; Signalized entrance providing full and easy access to the property; Pylon sign offering excellent visibility
