314-316 Castle St - Storefront Retail/Residential FOR SALE


Geneva, NY 14456
$399,000 USD
585-357-2440
314-316 Castle St, Geneva, NY for Sale
$399,000 USD
Storefront Retail/Residential - FOR SALE
1/8
null | Request Cap Rate

314-316 Castle St
Geneva, NY 14456


HIGHLIGHTS

  • Residential or Mixed-use Redevelopment
  • Neighborhood Business District
  • Municipal Redevelopment Support

OVERVIEW

Don't miss this exceptional chance to redevelop a prime 1.1-acre property located near the heart of downtown Geneva. Situated within the city's historic district and zoned as a Neighborhood Business District. Fire damage has created a unique opportunity to reimagine the space—whether its converting it entirely into residential use or restoring its commercial functionality. Proposed plans included a mixed-use with a minimum of 10 residential units, offering strong upside for investors and developers alike. The site currently features a commercial building with multiple storefronts and ample on-site parking for over 50 vehicles. The City of Geneva is supportive of redevelopment efforts and is open to sponsoring funding applications, making this an even more attractive opportunity to revitalize a key piece of the city’s fabric.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

B-1

APN/PARCEL ID

320500-104-011-0002-078-110-0000

ASK ABOUT THIS PROPERTY

Barbara BevineRealty AdvisorsMore Info
585-357-2440

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Barbara BevineRealty AdvisorsMore Info
585-357-2440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.