297 North St Geneva, NY 14456
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.
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Momberger's Food Market Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.