Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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