136 Washington StBinghamton, NY 13901

For Sale
$850,000

Turnkey Retail & Student Housing Complex

Overview

Added:
Feb 3
Days on market:
38
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.

Property Details for 136 Washington St

Property type
Retail properties, Other retail properties
Year Built
1965

Location Insight

City
Binghamton
County
Broome
State
New York
Latitude
42.09807
Longitude
-75.91328
136 Washington St, Binghamton, New York

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136 Washington St
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