9 Glenwood Ave, Binghamton, NY, 13905

Highlights

• 9,372 SF retail building
• Four fully leased units with long term tenants
• Solid 100% occupancy rental history
• Prime high traffic location - close to main street-Traffic count 7,525
• Strong investment potential
• Turnkey retail opportunity
• Includes additional vacant lot for development opportunities

Description

Introducing an exceptional investment opportunity in Binghamton, NY. This premier retail property features a spacious 9,372 SF building with four fully leased units. Constructed in 2005, the property boasts modern amenities and a prime location within the vibrant Binghamton area. With a solid history of 100% occupancy with long-term tenants, this high-traffic location on the corner of Glenwood and Brown Street presents a secure and lucrative investment for retail entrepreneurs. Across the street from the new Foundry Plaza Shopping Center. Glenwood Ave traffic count of 7,525. Take advantage of this rare chance to add a prime commercial property to your portfolio and capitalize on the promising potential of this dynamic retail market.
Expansion opportunities exist with the possibility of purchasing and additional vacant lot at 15 Glenwood. Property taxes are included in rent, and tenants pay for all utilities, including gas, electric, water, and sewer. Additionally, there is a 1-bedroom, 600-square-foot 2nd-floor apartment currently included in the Euro Foods rent, featuring on-demand hot water and mini-split HVAC. Additional space is available in the unfinished attic space, which is 18 feet wide, 180 feet in length, and has 8-foot ceilings. The property also includes a newly paved parking lot with more than 40 parking spaces. 206 feet of road frontage.

Discover the vibrant potential of the Binghamton, NY area as an ideal location for your next real estate investment. Nestled in the heart of upstate New York, the property offers convenient access to nearby amenities such as the Binghamton University, offsetting the natural beauty of the surroundings with the allure of the urban landscape. Enjoy a wealth of dining options, artistic experiences, and outdoor recreational activities, providing a well-rounded environment to attract customers. With its proximity to major transportation routes, this area presents an enticing opportunity for your next commercial venture in a thriving community.

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