1 Exchange St Geneva, NY 14456
- Investment properties
- 6,000 SF
- 0.62 lot acres
Current Use by Public Records
- Dave's Automotive Services / Auto Repair Shop
- Castro Towing / Towing Service
- Domino's Pizza / Pizza Delivery / Chicken Wings Restaurant
Property Details for 1 Exchange St
- Year built
- 2006
- Lot size
- 0.62 lot acres
- Property size
- 6,000 SF
- Zone code
- B-1
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 320500 104.27-2-63.100
- APU
- 32050010427263100
Description
This exceptional 5,276 square foot retail property, located at 1 Exchange Street in Geneva, New York (zip code 14456), presents a significant opportunity for a discerning business. Situated on the southwest corner of East North Street and Exchange Street, this single-tenant space boasts unparalleled visibility and accessibility. The building offers 3,296 square feet of vacant space, ready for immediate occupancy. With over 40 on-site parking spaces, customer convenience is assured. This well-maintained property is situated in a thriving business district, benefiting from its established location and strong community presence. The building's prominent location has fostered landmark recognition and provides captivating signage opportunities. The property's history as a well-known retail staple within the Geneva community ensures a strong foundation for future success. Ideal for a variety of uses, including restaurants, fast food establishments, or healthcare centers, this property offers the perfect platform to expand your business footprint in a prime downtown location. This is a rare opportunity to secure a highly visible and well-positioned retail space in the heart of Geneva.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $175,000
- 7%
- $180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $215,000
- Geo Method
- $165,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $165,000
- Mixed-Use
- $165,000
- Hospitality
- $200,000
- Educational
- $165,000
- Residential Income
- $185,000
- Energy
- $180,000
- Income-Based Land
- $195,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Ontario
- State
- New York
- Longitude
- -76.978
- Latitude
- 42.8751
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA