297 North St Geneva, NY 14456
- Retail properties
- 0.44 lot acres
Current Use by Public Records
- Momberger's / Deli
Property Details for 297 North St
- Lot size
- 0.44 lot acres
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional investment opportunity in Geneva, NY, presents a thriving, well-established deli/convenience store with a loyal customer base, known for its popular subs. The property includes two buildings on a 0.44-acre lot. The main building houses the commercial storefront and a spacious three-bedroom, one-bathroom apartment with an attached garage, offering potential for owner occupancy or additional rental income. A separate building on the property features two additional rental units: a one-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit, ensuring consistent rental income. The property boasts a total of three rental units across two buildings, all situated on a sizable 0.44-acre lot. The two-story structure offers a blend of commercial and residential space, creating a unique and lucrative investment opportunity. A two-car garage provides additional storage. The asking price of $379,900 reflects the real estate only; the turnkey deli business is available for an additional cost. This is a rare chance to acquire a profitable, established business alongside multiple income-generating rental units in a desirable location. Detailed financial information for the business is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Ontario
- State
- New York
- Longitude
- -76.9647
- Latitude
- 42.8782
