2639 Genesee St, Utica, NY 13501

This 555-square-foot vacant storefront, located at 2639 Genesee St in Utica, NY 13501, presents a unique investment opportunity. The property, built in 1973, is classified as a Class C retail storefront and sits on a 0.6-acre lot. The building features 15 parking spaces and is zoned for neighborhood mixed use. Previously a gas station, the underground tanks will be removed, and the deed will restrict the sale of gas and convenience items. This ensures a diverse range of potential uses for the property. The asking price is $650,000, translating to $1,171.17 per square foot. The property is currently vacant, offering immediate occupancy. Its strategic location on Genesee Street provides excellent visibility and accessibility, with nearby businesses including Stewart's, Adirondack Bank, GPO Federal Credit Union, and Utica Tel Credit Union. The single-story building offers 555 square feet of net rentable space. This property is ideal for entrepreneurs seeking a high-traffic location to establish their business. The 0.00% cap rate reflects the unique nature of this vacant property and its potential for future development.