Lease rate does not include utilities, property expenses or building services
Fully Built-Out as Standard Retail Space
Space is an outparcel at this property
Signalized Intersection.
Corner Lot Location
Description
Former Family Dollar that is moving to a larger building after 27 successful years in business. The space is built out as a standard retail space, and can be sub-divided down to a 3,515 SF space as well.
Freestanding building at a signalized intersection located in Geneva's new rebuilt Central Business District with new sidewalks, across from the Hampton Inn and Seneca Lake. The Central Business District has was the recipient of a $10 million Downtown Revitalization Project from NY State that improved roadways, parking, biking, access to the waterfront, and infilled development sites. Over the last decade, Geneva has emerged as a major employment center in the Finger Lakes, boasting over 200 firms and nearly 1,500 jobs in the central business district alone.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
