Property profile

2627 Genesee St Utica, NY 13501

OFF-MARKET
Specialty properties
Property ID
US63-1333497
3,791 SF
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Property summary

AI-generated overview

This exceptional commercial property, located at 2627 Genesee Street in Utica, NY, presents a unique investment opportunity. The 3,791 square foot building sits on a nearly one-acre lot at the corner of Arlington Road and Genesee Street, offering significant potential for redevelopment. The property features mixed-use zoning, allowing for residential, commercial, or a combination of both uses. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations and permitted uses. The building boasts original hardwood floors and mostly new windows, showcasing its historic character. While requiring some renovations to reach its full potential, substantial improvements have already been made. These include a newer roof, spray-foam attic insulation, blown-in insulation in the exterior walls, and an additional hot water tank. Note that a finished attic space is not included in the listed square footage. The property's convenient location provides easy access to various amenities. This is an ideal opportunity for an investor or developer seeking a prime location with significant upside potential. The asking price is $299,900. This historic gem awaits its next chapter.

Property profile

Verified
Property type Specialty properties
Total area 3,791 SF
UPID US63-1333497

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2627 Genesee St Utica, NY 13501
Utica metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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