CCertihomes
405 Exchange Street, Geneva City, NY 14456

$599,900

0 beds 0 baths 22,880 sqft Built 194064 days on marketActive

About this home

Located in the heart of beautiful Downtown Geneva, this large commercial building presents a rare and lucrative investment opportunity. With unobstructed views of Seneca Lake from the rear, the property is home to three well-established and successful businesses: a popular Japanese restaurant of 12 years, a thriving Mexican restaurant in place for over 5 years, and a trusted dental office that has served the community for 12 years. All tenants have long-term leases and wish to remain. In addition to these income-producing units, the building features an approximately 1, 800-square-foot open space in the back—complete with stunning lake views—offering the potential for a fourth rental opportunity. Handicap accessible, with a private parking lot and ample street parking, this property boasts prime location, visibility, and foot traffic. A solid investment with strong returns in a high-demand area.

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
$12,686/mo

Real estate (PITI + HOA + PMI)
$7,201
Principal + interest$3,849
Property tax + insurance$3,127
PMI / 2nd mortgage$225
Utilities
$11,232
Heating + cooling$5,464
Internet + TV + phone$138
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$138
$12,686/mo TLC
Budget$13,186/mo
Remaining after TLC$500/mo
Purchase price
$599,900
Down payment
$29,995 (5%)
Loan amount
$569,905
APR
7.15%

Quick facts

Type
Commercial
Style
Year built
1940
Lot size
0.4473 ac
Stories
1
Heating
Gas, ForcedAir
Cooling
CentralAir
Water
HOA
Annual tax
$19,490
MLS #
R1612145
County
Ontario

At a glance

Air conditioning
Basement

Home features

Parking
OnSiteOtherSeeRemarks
Flooring
Carpet, Linoleum, Other, SeeRemarks, Vinyl
Roof
Membrane, Rubber
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

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 6/4/2025. Provided courtesy of Howard Hanna via Buffalo MLS. Information deemed reliable but not guaranteed.