For Sale
$579,000

248-258 Exchange St Geneva, NY 14456

Prime Geneva location, 39,986 SF, $579,000

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional commercial property, located at 248-258 Exchange Street in Geneva, New York, presents a compelling investment opportunity. Encompassing a substantial 39,986 square feet on a 0.79-acre lot, this property currently operates as a furniture store but offers significant redevelopment potential. The building itself is 22,800 square feet, with expansive upper floors ideal for conversion into apartments or lofts, offering excellent city views. Its prime downtown Geneva location ensures high visibility and accessibility, surrounded by thriving shopping, dining, and entertainment options. The versatile zoning allows for a multitude of uses, including retail, office space, or residential units, making it an attractive prospect for developers and investors seeking to maximize returns in a vibrant market. The property's size and location make it suitable for a mixed-use project. The current owner is open to leasing back the property or considering a sale that includes the existing business. This is a rare chance to acquire a significant property in a desirable location with considerable upside potential. The asking price is $579,000. The property is zoned for multiple uses and offers a unique opportunity for a variety of development projects. Don't miss this chance to secure a prime piece of Geneva real estate.

Property Details for 248-258 Exchange St

Property type
Retail properties, Land
Square Feet
39,986 SF
Lot Size (sq. ft)
34,412 SF

Location Insight

City
Geneva
County
Ontario
State
New York
Latitude
42.8713679
Longitude
-76.9805049
248-258 Exchange St, Geneva, New York

FAQs

What type of property is this?
Retail property - Prime Geneva location, 39,986 SF, $579,000
Where is the retail property located?
The property is located at 248-258 Exchange St Geneva, NY.
What is the asking price?
The asking price for this property is $579,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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248-258 Exchange St
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