520 Main St Geneva, NY 14456
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.
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Trinity Church Church
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Geneva Senior Citizens City Government Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.