51 Central Ave Geneva, NY 14456

This exceptional investment opportunity presents a substantial 29,941-square-foot warehouse located at 51 Central Ave, Geneva, NY 14456. The property, built in 1950, sits on a generous 2.2-acre lot (APN: 320500-090-075-0001-001-100-0000) and is zoned MU-I. The single-story building features multiple overhead and grade-level doors and docks, providing ample access for loading and unloading. A significant advantage is the presence of a large parking yard, enhancing operational efficiency. The property also includes newer private garages, adding to its functionality. The asking price of $450,000 reflects the need for substantial improvements and repairs, most notably to the roof. Currently, a tenant occupies approximately 4,000 square feet of the space, operating a motorcycle repair business. This presents an immediate income stream, although the long-term lease terms should be independently verified. This property is ideal for an investor seeking a value-add opportunity with potential for significant return after renovations. The substantial size and strategic location in Ontario County, New York, offer considerable potential for various industrial uses. Serious inquiries are encouraged to conduct thorough due diligence and assess the property's full potential.