Property summary
This exceptional commercial property located at 58 Genesee Street in Greene, New York, presents a rare investment opportunity. The building, situated on a 0.19-acre lot, offers approximately 6080 square feet of space, currently leased to Walgreens under a 10-year lease, generating significant rental income. The main retail space encompasses approximately 2500 square feet, including a break room, storage areas, and restrooms. A second-floor space, heated by electric baseboard units powered by the Greene Municipal electric company, offers additional rental potential. The building boasts a concrete basement floor and walls, providing a solid foundation. Recent improvements include a new rubber roof installed in 2021 and an oil-forced air furnace for the main level. The property benefits from its prime location on Genesee Street (State Highway 206), a major thoroughfare connecting Whitney Point (Interstate 81) and Bainbridge (Interstate 88), ensuring high visibility and accessibility. Greene's strategic location between Binghamton and Norwich further enhances its appeal. The building's strong tenant and desirable location make this a compelling investment prospect. The asking price is $175,000.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Postal Service Courier Service
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Pharmacy
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Bank Credit Union
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Pharmacy
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
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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