CCertihomes
248 Exchange Street, Geneva-City, NY 14456

$579,000

0 beds 0 baths 24,550 sqft Built 19002 days on marketActive

About this home

Seize the chance to own a versatile 24550 sq. ft. property in the bustling heart of Geneva! Currently operating as a successful furniture store, this spacious building boasts incredible potential for various redevelopment opportunities. Whether you’re envisioning luxury apartments, retail space, office suites, or a mixed-use project, the possibilities are endless. Established Ashley Furniture Business & Prime Commercial Building – Geneva, NY (Finger Lakes Region) Seize this incredible opportunity to own a thriving Ashley Furniture HomeStore along with a prime commercial building in the heart of Geneva, NY, a high-traffic location in the beautiful Finger Lakes region! Business Highlights: • 50 Years of Success – A well-established, profitable business with a strong reputation and loyal customer base. • Ashley Furniture Retailer – Exclusive access to one of the top furniture brands in the industry. • Turnkey Operation – Fully operational with trained staff, established vendor relationships, and proven marketing strategies. Real Estate Features: • High-Visibility Location – Situated on a main thoroughfare with excellent exposure and ample parking. • Spacious Showroom & Warehouse – Well-maintained building offering a modern showroom, office space, and storage area. • Growth Potential – Ideal for expansion, adding complementary product lines, or even repurposing for other commercial ventures. Owner Retiring – Priced to Sell! The current owner is looking to pass this thriving business and valuable real estate to the next entrepreneur ready to capitalize on decades of success. Building only price $579, 000 Building and Business price $1, 500, 000

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$13,320/mo

Real estate (PITI + HOA + PMI)
$7,429
Principal + interest$3,715
Property tax + insurance$3,497
PMI / 2nd mortgage$217
Utilities
$12,028
Heating + cooling$5,862
Internet + TV + phone$138
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$138
$13,320/mo TLC
Budget$13,820/mo
Remaining after TLC$500/mo
Purchase price
$579,000
Down payment
$28,950 (5%)
Loan amount
$550,050
APR
7.15%

Quick facts

Type
Office
Style
Year built
1900
Lot size
0.79 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
CentralAir
Water
Public
HOA
Annual tax
$23,317
MLS #
R1564263
County
Ontario

At a glance

Air conditioning
Basement

Home features

Parking
CommonOffSiteOnSiteSurfaced
Flooring
Carpet
Roof
Asphalt, Membrane, Rubber
Sewer
PublicSewer

Neighborhood — 14456

MetricThis ZIPCountyUSA
Population22,22419,351,094299,088,112
Population Change Since19904.00%8.00%20.00%
Population Density295395
Male10,7099,381,926147,432,321
Female11,5169,969,168151,655,844
Never Married6,1524,946,39163,775,926
Married8,3527,166,701123,120,365
Separated8161,159,67312,639,686
Widowed1,5181,110,24515,467,586
Divorced1,6711,210,44823,075,029
Number Of House Hold7,9987,102,016111,826,380
Average House Hold Size2.552.642.60
Medial Age35.9436.5335.46
Median House Hold Income$40,133$49,847$48,276
Average House Hold Income$49,495$70,032$63,629
P C I$18,962$26,569$24,529
M D I$34,961$42,210$41,133
A T H E$43,346$54,185$50,898
S T R7.13%4.00%
W C J78.33%81.55%77.74%
(Zip) Code
14456

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 9/9/2024. Provided courtesy of Century 21 Steve Davoli RE via Buffalo MLS. Information deemed reliable but not guaranteed.