984 Waterloo Geneva Rd, Waterloo, NY 13165 (MLS # S1620930)

PRICE $595,000
SIZE 2,426 sqft
LOT SIZE 1.54 ac

Incredible Investment Opportunity! Unlock the potential of this unique, income-producing property located on high-visibility Hwy 5 & 20. Anchored by a 2,400 sq/ft shell retail building—currently leased for $1,500/month—this 1.54-acre site offers both immediate income and exceptional future upside. The property also includes five charming 12’ x 20’ log cabins (tiny homes) nestled in a peaceful campground setting, each undergoing full interior renovation—Cabin 4 is already complete. Customize the remaining cabins to your preference or let the seller finish them for you. Enjoy 133 feet of direct water frontage on the serene Cayuga-Seneca Canal with a private dock that accommodates multiple boats—perfect for lake lovers and vacationers. Utilities are in place, including sewer, water, electric, and high-speed internet, making this a low-maintenance, year-round opportunity—not just seasonal! Whether you're seeking a seasonal vacation rental compound, Airbnb/Vacasa investment, or a family retreat, this property is ready to perform. Plus, there are 6 additional sites available for more tiny homes or RV rentals to further increase revenue. Bonus investor perks: Seller guarantees a 10% capitalization rate for the first year and offers owner financing to qualified buyers. Don’t miss this rare chance to own a versatile, multi-use property in a growing lakeside destination!

DAYS ON MARKET 1 LAST UPDATED 7/8/2025
YEAR BUILT 1968 COMMUNITY Waterloo-453889
COUNTY Seneca STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District Waterloo


ADDITIONAL DETAILS
AIR CONDITIONING Yes
AREA Waterloo-453889
HEAT Baseboard, Electric
LOT 1.54 acre(s)
LOT DESCRIPTION Rectangular, Rectangular Lot
LOT DIMENSIONS 79x789
SEWER Public Sewer
STORIES 1
TAXES 8643
UTILITIES Sewer Connected,Water Connected,
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Canal Access,Other,See Remarks
ZONING Commercial

SATELLITE VIEW



 
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Listing provided by: James Gamble, Coldwell Banker Prime Prop,Inc
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