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This exceptional commercial property, situated on a 2.49-acre lot at 171 Front Street in Binghamton, NY, presents a unique investment opportunity. The property comprises three interconnected buildings totaling 32,949 square feet, offering a versatile blend of spaces. A beautifully preserved former mansion adds historical character, while the Class B office space provides modern functionality. A repurposed Elk's lodge further enhances the property's unique appeal. Ample parking is available, accommodating up to 150 vehicles. The buildings are equipped with forced air heating, central air conditioning, and 3-phase electric power, ensuring comfort and efficiency. The property benefits from a highly desirable location on Front Street, directly adjacent to a planned 125-unit development, promising increased foot traffic and visibility. With an average daily vehicle count of 8,053 cars, the property enjoys excellent exposure. Binghamton's vibrant downtown area, with its diverse dining, shopping, and recreational options, is easily accessible. The property boasts a walkability score of 77, adding to its appeal. This well-maintained property is ideally suited for a variety of uses, including office space, retail ventures, or even potential student housing, given its proximity to the city's amenities and the planned development. The asking price is $2,250,000.
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Please email our support team at [email protected] and they will add the team member.
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We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.