Corner - Geneva, FLCC Campus

Located in Geneva NY at the North East Corner of Seneca Lake this mixed-use property has potential with it being next to the Finger Lakes Community College's Geneva Campus. The lower unit for office/retail is presently leased to a smoke shop and the upstairs is a 3 bedroom 1 bathroom unit that is also leased. This corner property would be a idea location for a office for a company that services college students. The apartment is rented at roughly $800 a month. Reviewing HUD stats - the FY 2026 Rochester, NY MSA Small Area FMRs for a 3 Bedroom in ZIP Code 14456 is $1,660 and 2 bedroom is $1,370. This would support that with the appropriate investment in repairs and upgrades that the current rent roll could be increased and bring it closer to the market.