112 Riverside Dr, Geneseo, NY 14454-1010
This expansive Geneseo, NY industrial property presents a remarkable investment opportunity. Boasting over 45,415 square feet of versatile space across two levels, this property sits on a 1.14-acre lot and includes three tax parcels with transferable special use permits. The building features three drive-up entrances, providing convenient access for various uses. The interior includes a 1,000 lb cargo lift, a 10-foot maximum overhead clearance, and a current largest garage door opening of 8 feet high by 10 feet wide. The property is equipped with 120/240V, 3-phase power, and a 440-volt converter, with lines running throughout. A recently inspected wet system is ready for customization, and built-in compressed air capabilities (copper piping) eliminate the need for a compressor. The property also includes a currently rented third-floor garage. Ample parking is available. The zoning allows for Light Industrial uses, making it ideal for warehouse, office, or industrial space businesses. Four pay-per-use electric car charging stations are currently being installed, adding significant future value. This property offers endless possibilities for a savvy investor seeking a high-return asset in a desirable location adjacent to a SUNY campus. The existing infrastructure and versatile layout make it suitable for a wide range of commercial applications.
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Geneseo Self Storage Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
03 - MULTI-FAMILY · Geneseo, NYGeneseo. Always verify with local authorities before improvements.
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.