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Mombergers Deli & Market 301 E North St 4 Unit Apartment Building $299,900 ($74,975/Unit) Geneva, NY 14456

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

ATTACHMENTS

0731_001 (1)

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $299,900
Price Per Unit $74,975
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.44 AC
Building Size 3,804 SF
Average Occupancy 100%
No. Stories 2
Year Built 1934
Zoning Mixed Use - Mixed use commercial/residential

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - -
3+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
320500-091-017-0002-034-000-0000
Land Assessment
$18,200 (2024)
Improvements Assessment
$139,300 (2024)
Total Assessment
$157,500 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 34801035

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 301 E North St, Geneva, NY 14456

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