46 Riverside DrBinghamton, NY 13905

For Sale
$365,000

Turnkey Office Building, High Traffic Area

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a fully leased, nine-office building situated at 46 Riverside Drive in Binghamton, NY. Boasting a prime location with an impressive average daily traffic count of 12,560 vehicles, the property enjoys high visibility and accessibility. Its proximity to Downtown Binghamton and the picturesque Confluence Park adds significant appeal. The building itself comprises nine well-appointed offices, all currently under multi-year leases, ensuring a consistent and reliable income stream. Adding to its versatility, the property also includes a comfortable apartment, ideal for an on-site manager or additional rental income. Furthermore, a substantial three-level garage provides ample storage space for tenants and the building's operational needs. Central air conditioning throughout the building ensures year-round comfort for all occupants. This turnkey operation offers a rare chance to acquire a stable, high-performing commercial property in a desirable location with minimal immediate management requirements. The asking price for this exceptional investment is $365,000. The property sits on a 0-acre lot. This is a truly remarkable opportunity for a savvy investor seeking a low-maintenance, high-return investment in a thriving New York community.

Property Details for 46 Riverside Dr

Property type
Office properties, Other office properties
Year Built
1980

Location Insight

City
Binghamton
County
Broome
State
New York
Latitude
42.09266
Longitude
-75.9245
46 Riverside Dr, Binghamton, New York

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46 Riverside Dr
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