301 E North St - Apartments FOR SALE


Geneva, NY 14456
$379,900 USD
315-730-5881
301 E North St, Geneva, NY for Sale
$379,900 USD
Apartments - FOR SALE
1/43
null | Request Cap Rate

301 E North St
Geneva, NY 14456


HIGHLIGHTS

  • Only food service/mini market in this area of town, close to a large housing complex
  • Establish business location
  • Mix of residential and commercial

OVERVIEW

A rare opportunity awaits with the sale of Momberger’s, a thriving convenience store, sub shop, and deli, along with the prime real estate it occupies. Known for serving "the best subs in town", this popular business is open daily and enjoys a loyal customer base. This offering includes not only the well-established business and commercial storefront but also three additional rental units on site, making it an excellent investment opportunity. Behind the storefront sits a spacious 3-bedroom, 1-bath apartment featuring an open floor plan and a garage, providing either an additional income stream or a convenient owner-occupant option. Additionally, a separate house on the property hosts two fully rented units. The lower unit offers 1 bedroom and 1 bath, while the upper unit features 2 bedrooms and 1 bath, ensuring consistent rental income. With a turnkey business, multiple income-producing properties, and a prime location, this is a rare chance for investors and entrepreneurs alike. Two car garage is an added bonus for additional storage! Whether you're looking to expand your portfolio or take over a beloved local business, this opportunity is one you won’t want to miss. Price reflects real estate only. If buyer wishes to purchase turn-key deli business, price is $429,900. Further business information is available upon request.

FOR SALE DETAILS

PRICE

$379,900 USD

PRICE/SF

$100 USD /SF

# OF UNITS

4

PRICE/UNIT

$94,975

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mombergers Deli & Market

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1934

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

Mixed Use

APN/PARCEL ID

320500-091-017-0002-034-000-0000

ASK ABOUT THIS PROPERTY

David YoungThe Young AgencyMore Info
315-730-5881

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David YoungThe Young AgencyMore Info
315-730-5881

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