171, 171.5, 175 Front Street Retail FOR SALE


Vestal Township, NY
$650,000 USD
607-203-1826
, Vestal Township, NY for Sale
$650,000 USD
Retail - FOR SALE
1/50
null | 10% Cap Rate

171, 171.5, 175 Front Street
Vestal Township, NY


HIGHLIGHTS

  • Three-building mixed-use portfolio with eight total units
  • 10% cap rate supported by strong in-place income
  • Multiple income streams across residential, commercial, and garage units
  • Front Street frontage with visibility and established local tenancy
  • Located in Vestal with steady demand and regional connectivity

OVERVIEW

Offered at a 10% cap rate, this three-building mixed-use portfolio presents an opportunity to acquire an income-producing asset above prevailing market returns. Comparable sales in the area average closer to the 8% range, positioning this offering with an immediate yield advantage and built-in downside protection. The portfolio consists of eight total units across residential and street-level commercial space, supported by consistent demand in the Vestal market. Additional income from on-site garages and diversified tenancy across multiple buildings contributes to stable performance. Current rents provide a clear path for growth, with in-place income below market levels and the ability to increase cash flow through lease adjustments over time.

ASK ABOUT THIS PROPERTY

Lisberto CalvoSVN Innovative Commercial AdvisorsMore Info
607-203-1826

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Lisberto CalvoSVN Innovative Commercial AdvisorsMore Info
607-203-1826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.