1805 Vestal PkwyVestal, NY 13850

Property Details for 1805 Vestal Pkwy

Year built

2004

Lot size

0.42 AC

Property size (Sq ft)

1,768 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Drive through restaurants

APN

034800 158.13-1-29

APU

3480015813129

Description

This exceptional commercial property at 1805 Vestal Parkway East in Vestal, NY, presents a unique investment opportunity. Priced at $420,000, the building offers a versatile layout ideal for a variety of businesses. The street-level space has been completely renovated, providing a blank canvas for your vision. This area is ready for immediate occupancy and customization to suit your specific business needs. The lower level, previously used as a massage spa and health center, offers additional office space. This area retains its existing layout and is ready for immediate use or further modification. The property boasts ample parking, conveniently located at the front, sides, and rear of the building, ensuring convenient access for customers and employees. Its strategic location offers high visibility and easy access, situated near the Vestal Rail Trail, enhancing its appeal and accessibility. This property is perfect for an entrepreneur seeking a high-traffic location with significant potential for growth and development. The building's previous use as a Subway restaurant speaks to its prime commercial viability. Don't miss this chance to transform this adaptable space into your thriving business. The property is available for immediate possession.

• CAP approach

  CAP return

  Valuation

  6%

  $401,149

  6.5%

  $370,292

  7%

  $343,842

• Comparable approach

  Method

  Valuation

  Relative Method

  $341,635

  Geo Method

  $582,137

• Alternative Use

  Use

  Valuation

  Residential

  $312,355

  Hospitality

  $286,116

  Educational

  $238,045

  Medical

  $246,231

  Retail

  $370,292

Location Insight

City

Vestal

County

Broome

State

New York

Latitude

42.0935

Longitude

-76.0223

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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