6895 Genesee St Fayetteville, NY 13066
- Investment properties
- 1,564 SF
- 0.22 lot acres
Current Use by Public Records
- Backyard Garden Florist / Florist
Property Details for 6895 Genesee St
- Year built
- 1961
- Lot size
- 0.22 lot acres
- Property size
- 1,564 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 312689 067.-03-10.0
- APU
- 31268906703100
Description
This exceptional business opportunity presents a fully turnkey, established florist in Fayetteville, NY. Spanning 2,970 square feet across two well-maintained buildings on a 0.22-acre lot, this property boasts significant investment in recent upgrades and enhancements. The business itself is a long-standing, full-service florist with over 32 years of experience, offering a diverse range of products and services. Beyond floral arrangements, the showroom features home décor, gifts, and accessories, catering to a wide array of styles and budgets. Its prime location at a busy Onondaga County intersection ensures high visibility and accessibility. The florist enjoys a unique position as the only one in Fayetteville, exclusively serving a highly desirable and affluent demographic. A valuable asset is the included, irreplaceable client list built over decades, representing a foundation of established, distinguished clientele. The business shows significant growth potential, further supported by the commitment of the current owner and long-tenured key employees who plan to remain with the business post-sale. Detailed financial information is available upon request with a signed Non-Disclosure Agreement. This is a rare opportunity to acquire a thriving, well-established business with a strong reputation and significant future prospects. The property is located at 6895 E Genesee St, Fayetteville, NY 13066.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $295,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $295,000
- Mixed-Use
- $290,000
- Hospitality
- $330,000
- Educational
- $390,000
- Residential Income
- $340,000
- Energy
- $290,000
- Income-Based Land
- $340,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Onondaga
- State
- New York
- Longitude
- -76.0452
- Latitude
- 43.0287
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA