Available For Sale - Retail

9,372 SF | Show Pricing $

LISTED BY

James Lucenti
SVN | Innovative Commercial Advisors, 607-354-6206

AVAILABILITY DETAILS

Size
9,372 SF
Price/SF
Show Pricing $
Listing ID
SA554284
Notes
Introducing an exceptional investment opportunity in Binghamton, NY. This premier retail property features a spacious 9,372 SF building with four fully leased units. Constructed in 2005, the property boasts modern amenities and a prime location within the vibrant Binghamton area. With a solid history of 100% occupancy with long-term tenants, this high-traffic location on the corner of Glenwood and Brown Street presents a secure and lucrative investment for retail entrepreneurs. Across the street from the new Foundry Plaza Shopping Center. Glenwood Ave traffic count of 7,525. Take advantage of this rare chance to add a prime commercial property to your portfolio and capitalize on the promising potential of this dynamic retail market.

Expansion opportunities exist with the possibility of purchasing and additional vacant lot at 15 Glenwood. Property taxes are included in rent, and tenants pay for all utilities, including gas, electric, water, and sewer. Additionally, there is a 1-bedroom, 600-square-foot 2nd-floor apartment currently included in the Euro Foods rent, featuring on-demand hot water and mini-split HVAC. Additional space is available in the unfinished attic space, which is 18 feet wide, 180 feet in length, and has 8-foot ceilings. The property also includes a newly paved parking lot with more than 40 parking spaces. 206 feet of road frontage.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
James Lucenti, SVN | Innovative Commercial Advisors
BRE# 104013002147