457 Court St - Freestanding FOR SALE


Binghamton, NY 13904- Eastside Binghamton
$507,000 USD
646-805-1438
457 Court St, Binghamton, NY for Sale
$507,000 USD
Freestanding - FOR SALE
1/7
null | 11% Cap Rate

457 Court St
Binghamton, NY 13904
Eastside Binghamton


HIGHLIGHTS

  • 1+ Year Lease Term Remaining | Value-Add Opportunity | C1 Zoning (Service Commercial)
  • Dense Retail Corridor | Surrounded by National Tenants
  • Frontage On Court St (14,100 VPD) | Minutes From I-81/86 (63,900 VPD)
  • Proximity To Downtown Binghamton | Regional Draw
  • Direct Residential Consumer Base | Strong Demographics

OVERVIEW

• The lease has over one year of primary term remaining, providing stable near-term income while offering significant value-add potential through future redevelopment or re-tenanting • Zoned C1 (Service Commercial), the property is well-positioned for a wide range of commercial uses, enhancing long-term flexibility and upside

FOR SALE DETAILS

PRICE

$507,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C1

APN/PARCEL ID

030200-161-023-0001-032-000-0000

ASK ABOUT THIS PROPERTY

Michael GrunbergSRS National Net LeaseMore Info
646-805-1438

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Michael GrunbergSRS National Net LeaseMore Info
646-805-1438

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