Patricia Virkler 3157970007

291 Genesee St 15,941 SF 40% Leased Office Building Utica, NY 13501 $725,000 ($45.48/SF)

EXECUTIVE SUMMARY

FOR SALE: Office space in Downtown Utica NY - Down Town offices with full exposure to Genesee Street Downtown Utica. Signage available. Great for professional offices with their own interior restrooms. Ample 55 parking spaces. Walking distance to restaurants and pharmacy.. Large professional Building several suite's with private offices and reception areas, conference rooms and kitchenettes. A nice and affordable building with quick access to 840 in the heart of Downtown Utica NY. Well maintained.
A large first floor (4000+ sf) space assembled with direct access to parking lot is for Lease.
Located in Utica NY, just minutes from several restaurants and retail shops. Quick access to Hospital.
35 parking spaces egress from both Park Avenue and Dakins Street- lower level front 4000 Square foot available for lease.
9500 ft.² occupied up and down
2500 ft.² law offices month to month lease
Total taxes $28,800
Six meters

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Taxes	$18,084	$1.13
Operating Expenses	-	-
Total Expenses	$18,084	$1.13

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual	$18,084
Annual Per SF	$1.13

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$18,084
Annual Per SF	$1.13

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Office

Building Size

15,941 SF

Building Class

Year Built

1975

Price

$725,000

Price Per SF

$45.48

Percent Leased

40%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

4,250 SF

Slab To Slab

12’

Building FAR

0.47

Lot Size

0.77 AC

Opportunity Zone

Yes

Parking

55 Spaces (3.45 Spaces per 1,000 SF Leased)

Bus Line

Walk Score®

Very Walkable (85)

PROPERTY TAXES

Parcel Number	318-057-0002-045-000-0000	Total Assessment	$425,000
Land Assessment	$53,600	Annual Taxes	$18,084 ($1.13/SF)
Improvements Assessment	$371,400	Tax Year	2024