136 Washington StBinghamton, NY 13901

Property Details for 136 Washington St

Year built

1965

Lot size

0.07 AC

Property size (Sq ft)

5,100 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

030200 160.41-4-9

APU

302001604149

Description

This exceptional mixed-use property at 136 Washington Street in Binghamton, NY, presents a unique investment opportunity. Priced at $850,000, this building boasts prime street-level retail space perfectly situated in the heart of Downtown Binghamton's revitalized Washington Street. Its strategic location offers unparalleled access to SUNY bus lines and the area's vibrant amenities, including popular establishments like Strange Brew and Craft. The building's high walkability score of 88 contributes to its desirability. Above the retail space are well-maintained apartments, capitalizing on the strong demand for student housing. With approximately 1,300 student housing beds in the immediate vicinity, this property enjoys a consistently high occupancy rate within Binghamton's competitive student housing market. This turnkey operation offers immediate income potential and a strong return on investment. The property's location, coupled with its blend of retail and residential space, makes it an attractive proposition for both seasoned investors and those seeking a stable, high-yield asset. The building's condition is excellent, minimizing the need for immediate capital expenditures. This is a rare chance to acquire a thriving business in a rapidly developing area. The property's size is not specified in the provided information.

Location Insight

City

Binghamton

County

Broome

State

New York

Latitude

42.0981

Longitude

-75.9133

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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