Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    24 Seneca St Geneva, NY 14456

    Sponsored
    For Sale
    $800,000

    Downtown Geneva, 27,860 SF Office

    Property size:
    27,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A executive office building, located at 24 Seneca Street in the heart of downtown Geneva, New York, presents a unique investment opportunity. The property boasts a substantial 27,860 square feet of office space within a single, four-story building constructed in 1900. Currently operating at 75% occupancy, this presents immediate income potential with room for growth. The asking price is $800,000, translating to a price per square foot of $28.72. Situated on a 0.24-acre lot, the building offers a prominent presence in Geneva's central business district. The property's single-tenancy structure simplifies management, while its executive office subtype caters to discerning clientele. The National Bank of Geneva currently holds ownership. This is an excellent chance to acquire a well-established, high-quality office building in a thriving New York location. The property's prime downtown location offers easy access to amenities, transportation, and a strong workforce. With its substantial square footage and attractive price point, this building represents a compelling investment opportunity for those seeking a stable and potentially lucrative return. The building's history and established presence in the community add to its overall appeal. Serious inquiries are encouraged.

    Property Features for 24 Seneca St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    27,860 SF
    Class
    A
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    4

    HighLights

    • Class A, 27,860 SF executive office building in downtown Geneva, NY.
    • Currently 75% occupied, offering immediate income and growth potential.
    • Asking price: $800,000 ($28.72/SF).
    • Situated on a 0.24‑acre lot in Geneva's central business district.
    • Single‑tenant building simplifies management.
    • Owned by National Bank of Geneva.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Ontario
    State
    New York
    Longitude
    -76.9825327
    Latitude
    42.8671396

    Nearby Similar for Sale

    • $325,000
      Pending

      Spacious Geneva Two-Unit Property

      Two-unit property in Geneva's Lehigh Gardens neighborhood, ideal for investors.
      51 Sherrill St, Geneva, NY 14456
      View Details
    • $799,999
      4,554 SF

      Historic Macberns House Investment Opportunity

      Historic Geneva property with income potential and Seneca Lake views.
      379 S Main St, Geneva, NY 14456
      View Details
    • New
      $599,000
      6,273 SF

      Geneva Commercial Property For Sale

      Versatile property in Geneva's business district, near colleges and Wegmans.
      258 Hamilton St, Geneva, NY 14456
      View Details
    • $359,000
      Pending

      Colonial with Income Potential

      Versatile property with rental opportunities and commercial zoning.
      1744 State Route 5 And 20, Geneva, NY 14456
      View Details
    • $335,000
      5,794 SF

      Renovated Mixed-Use Geneva Investment

      Fully renovated mixed-use property with income potential in desirable location.
      86 E North St, Geneva, NY 14456
      View Details
    • $325,000
      3,366 SF

      Fully Occupied Geneva Triplex Investment

      Stabilized triplex in Geneva, NY with strong rental demand.
      31 Genesee St, Geneva, NY 14456
      View Details
    • $139,000
      Pending

      Geneva Duplex in Castle Heights

      Investment opportunity near Geneva Hospital, Hobart and William Smith Colleges.
      160 Lafayette Ave, Geneva, NY 14456
      View Details
    • New
      $109,500
      2,702 SF

      Charming Geneva Two-Family Home

      Two-family home near Seneca Lake, ideal for owner occupancy.
      53 Lewis St, Geneva, NY 14456
      View Details
    • $159,000
      2,214 SF

      Geneva Duplex with Income Potential

      Fully occupied duplex in Geneva, NY, with income potential.
      213-215 N Main St, Geneva, NY 14456
      View Details
    • $159,000
      2,915 SF

      Income-Producing Multi-Unit Property

      Two-unit property with income potential in Geneva, NY.
      25-27 Wadsworth St, Geneva, NY 14456
      View Details
    • $399,900
      3,616 SF

      Geneva Mixed-Use Investment Opportunity

      Commercial storefront, single-family home, and duplex in Geneva, NY.
      297 E North St, Geneva, NY 14456
      View Details
    • $159,000
      2,842 SF

      Geneva Duplex with Income Potential

      Fully occupied duplex with renovation and rent increase upside.
      33-35 N Exchange St, Geneva, NY 14456
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Downtown Geneva, 27,860 SF Office
    Where is this office property / space located?
    The property is located at 24 Seneca St Geneva, NY.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Class A, 27,860 SF executive office building in downtown Geneva, NY.; Currently 75% occupied, offering immediate income and growth potential.; Asking price: $800,000 ($28.72/SF).
    Request Owner's contact information
    24 Seneca St Geneva, NY 14456
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24 Seneca St
    Geneva, NY 14456
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    24 Seneca St Geneva, NY 14456
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.