2309 Genesee St Utica, NY 13501
- Investment properties
- 3,000 SF
- 0.35 lot acres
Current Use by Public Records
- Investment properties
Property Details for 2309 Genesee St
- Year built
- 1950
- Lot size
- 0.35 lot acres
- Property size
- 3,000 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 301600 329.12-4-46
- APU
- 30160032912446
Description
This exceptional 3,545 square foot property at 2309 Genesee Street in Utica, New York, presents a unique investment opportunity. Located in Oneida County, zip code 13501, this special-purpose commercial land and building offers versatile potential. The existing structure boasts old-world craftsmanship and a recently updated roof (installed 4 years ago), ensuring both charm and practicality. Separate utilities are in place, adding to the property's functionality. The property includes a two-stall garage and a spacious loft, providing ample parking and storage. Its central location offers convenient access to Utica's hospitals, educational institutions, and various businesses. The property's size and features make it suitable for a variety of uses, including a live-work setup, a multi-family conversion, or a single commercial enterprise. The asking price is $309,000. This is an ideal opportunity for investors seeking a property with significant upside potential in a desirable location. The property is zoned for commercial use. This is a rare opportunity to acquire a well-maintained property with significant potential in a thriving area. Don't miss out on this chance to own a piece of Utica's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $295,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $345,000
- Mixed-Use
- $290,000
- Hospitality
- $350,000
- Educational
- $380,000
- Residential Income
- $375,000
- Energy
- $280,000
- Income-Based Land
- $280,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Utica
- County
- Oneida
- State
- New York
- Longitude
- -75.2704
- Latitude
- 43.0813
- CBSA code
- 46540
- CBSA name
- UTICA-ROME, NY METROPOLITAN STATISTICAL AREA