171 Front St - Storefront Retail/Residential FOR SALE


Vestal Township, NY 13850
$625,000 USD
607-203-1826
171 Front St, Vestal Township, NY for Sale
$625,000 USD
Storefront Retail/Residential - FOR SALE
1/56
null | 10.79% Cap Rate

171 Front St
Vestal Township, NY 13850


HIGHLIGHTS

  • Three well-maintained buildings situated on a single parcel
  • Nine tenants currently in place providing stabilized income
  • Residential tenants are month-to-month, offering future rental upside
  • Commercial tenants are secured with existing lease agreements
  • Ample on-site parking and a turnkey investment opportunity with long-term hold potential

OVERVIEW

Turnkey mixed-use investment opportunity featuring three well-maintained buildings on a single parcel with nine tenants currently in place, providing stabilized income from day one. The property offers a diverse income stream with residential tenants currently on month-to-month agreements, providing flexibility for future rent growth, while commercial tenants are secured under lease agreements for added stability. Ample on-site parking serves both residential and commercial occupants. A rare opportunity to acquire a well-kept, income-producing asset with proven performance and long-term investment potential. Vestal is a primary suburban market within the Greater Binghamton area, with a population of over 30,000 and a direct connection to the region’s core economic drivers. The presence of Binghamton University, along with major healthcare and employment centers, supports consistent housing demand and year-round tenant stability. Front Street serves as a key north-south corridor linking Vestal to Downtown Binghamton, with direct access to Route 17/I-86 and surrounding commercial districts. The area is supported by a mix of residential density, retail activity, and commuter traffic, reinforcing long-term occupancy and usability for both residential and commercial tenants. Limited new supply, stable income levels, and strong ties to the university and healthcare sectors position Vestal as a reliable, cash-flow driven market within the Southern Tier.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

10.79%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A Pet Salon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C-1

APN/PARCEL ID

034800-173-023-0001-008-000-0000

ASK ABOUT THIS PROPERTY

Lisberto CalvoSVN Innovative Commercial AdvisorsMore Info
607-203-1826

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

Lisberto CalvoSVN Innovative Commercial AdvisorsMore Info
607-203-1826

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