171 Front St - Office FOR SALE


Binghamton, NY 13905
$2,250,000 USD
607-621-0439
171 Front St, Binghamton, NY for Sale
$2,250,000 USD
Office - FOR SALE
1/31
null | Request Cap Rate

171 Front St
Binghamton, NY 13905


HIGHLIGHTS

  • Excellent location.
  • 2 Buildings away from an approved development of 125 Units.
  • Directly on Front St between the Court St and Clinton St Bridges.
  • Walking distance to downtown.
  • 2.49 Acres.
  • 150 surface parking spaces.

OVERVIEW

Located on 2.49 acres, this property boasts three interconnected buildings encompassing 32,949 square feet, along with ample parking space for 150 vehicles. Its diverse layout includes a former mansion, Class B office space, and a repurposed Elk's lodge, offering a unique blend of historical charm and modern functionality. Enhanced by amenities like forced air heating, central AC, and 3-phase electric power, the property stands out for its strategic location on Front Street, adjacent to a planned development of 125 units. With convenient access to Downtown Binghamton's bustling dining, shopping, and recreational offerings, coupled with heavy vehicle traffic averaging 8,053 cars per day and a commendable walkability score of 77, this well-maintained property presents an ideal opportunity for office, retail, or potential student housing ventures.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

2.49 AC

LAND SF

108,464 SF

ZONING

Commercial

APN/PARCEL ID

030200-160-032-0001-045-000-0000

ASK ABOUT THIS PROPERTY

Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.