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Property profile & analytics
OFF-MARKET
Commercial real estate

520 Main St Geneva, NY 14456

31,150 SF 2.5 ac lot Built 1806
Property ID
US63-3108326
Property summary
AI-generated overview

This exceptional investment opportunity presents the chance to acquire a prime 2.5-acre property in Geneva, New York's Historic District. The property, located at 520 S Main St, includes two buildings totaling 31,150 square feet, encompassing the historic Trinity Church. The asking price is $1,650,000, translating to $52.97 per square foot. Built in 1806, the three-story structures are zoned MR-HD and offer a unique blend of historical charm and modern development potential. Detailed plans are included for the transformation into a premier boutique hotel, featuring a luxury hotel, event space, restaurant, bar/reception area, business center, meeting rooms, and a fitness center. The project has already secured approval for both Part 1 and Part 2 historic tax credits, as well as a tax pilot program, significantly enhancing the investment's financial viability. Ideally situated within walking distance of downtown Geneva and Hobart and William Smith Colleges, the property also boasts stunning Seneca Lake views. This turnkey project offers a rare opportunity to restore a beloved landmark while creating a thriving destination.

Property profile
Verified
Property type Commercial real estate
Year built 1806
Total area 31,150 SF
Lot 2.5 ac (108,900 SF)
UPID US63-3108326
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Trinity Church Church
  • Geneva Senior Citizens City Government Office
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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