2705 State Route 14 Geneva, NY 14456
- Auto shops
- 1,600 SF
- 1.00 lot acres
Current Use by Public Records
- Auto shops
Property Details for 2705 State Route 14
- Year built
- 1997
- Lot size
- 1.00 lot acres
- Property size
- 1,600 SF
- Zone code
- 06 - INDUSTRIAL
- Property type
- Auto shops
- APN
- 323000 91.00-1-27.000
- APU
- 3230009100127000
Description
This exceptional commercial property at 2705 State Route 14 in Geneva, NY, presents a unique investment opportunity. Boasting 1,600 square feet on a one-acre lot, this well-established building has a long history as a local auto repair shop. Its prime location directly adjacent to Hessney Auction ensures high visibility and significant foot traffic, thanks to its frontage on one of Geneva's busiest roads. The property features a single bay for vehicle repair, a dedicated office space, and ample parking for customers and employees. A key advantage is the inclusion of a billboard with an existing lease, providing a consistent revenue stream. The zoning allows for continued use as an auto repair shop or offers potential for a variety of other commercial ventures. This is a rare chance to acquire a turn-key operation in a high-demand location. The asking price is $225,000. Don't miss this opportunity to own a piece of Geneva's thriving commercial landscape. The property is ready for immediate occupancy and offers significant potential for growth and return on investment. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $130,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $165,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $175,000
- Geo Method
- $170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $150,000
- Retail
- $145,000
- Mixed-Use
- $165,000
- Hospitality
- $170,000
- Educational
- $135,000
- Residential Income
- $150,000
- Energy
- $170,000
- Income-Based Land
- $175,000
- Food Service
- $170,000
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Ontario
- State
- New York
- Longitude
- -76.9775
- Latitude
- 42.9029
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
