About 405 Exchange Street
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.
Features of 405 Exchange Street
| MLS® # | R1612145 |
|---|---|
| Price | $599,900 |
| Bathrooms | 0.00 |
| Square Footage | 22,880 |
| Square Footage | 19484 |
| Acres | 0.45 |
| Year Built | 1940 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 405 Exchange Street |
|---|---|
| Area | Geneva-City |
| Subdivision | Downtown |
| City | Geneva City |
| County | Ontario |
| State | NY |
| Zip Code | 14456 |
Amenities
| Utilities | Sewer Connected, Electricity Connected |
|---|---|
| Features | Rectangular, Rectangular Lot |
| Parking Spaces | 17 |
| Parking | On Site, Other, See Remarks |
| Garages | On Site, Other, See Remarks |
| View | Water |
| Is Waterfront | No |
| Waterfront | Lake |
| Has Pool | No |
Interior
| Interior | Linoleum, Other, See Remarks, Vinyl, Carpet |
|---|---|
| Heating | Gas, Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Block |
|---|---|
| Lot Description | Rectangular, Rectangular Lot |
| Roof | Membrane, Rubber |
| Construction | Block |
School Information
| District | Geneva |
|---|
Additional Information
| Zoning | B-2 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Howard Hanna |
|---|---|
| Contact Info | 315-521-7413 |