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30 W State St
Binghamton, NY 13901

$250,000 USD

Office For Sale • 66,385 SF

Property Details

Property Type Office
Total Building Size 66,385 SF
Lot Size 3.4 AC
Building Class C
Year Built 1970
Tenancy Multiple

0 Transit Score

63 Walk Score

                
                    Highlights
                
                                STARTING BID $250,000 | Double-Digit Cap Rate | 49% Occupied | $144K NOI | AUCTION DECEMBER 9-11, 2024
                            
                                ±66,045 SF, Four Building Retail/Office Portfolio in Binghamton, NY | 49% Occupied
                            
                                In-Place NOI = $144,551 | Double-Digit Cap Rate | 49% Occupied by a Mix of Longstanding Retail & Office Tenants
                            
                                Near Signalized Intersection of W Sate St (±8,582 VPD) and Chenango St (±8,600 VPD) in Main Commercial Corridor
                            
                                Substantial Value-Add Opportunity to Increase In-Place Rents | Cash Flow Upside Via Vacancy Absorption and Month to Month Tenant Renewals

Property Flyers

OM - Colonial Plaza

Amenities

Bus Line
Signage

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	275
Type:	Surface
Included in Rent:	Yes

Philip Kates 305-206-1286 Marcus & Millichap

30 W State St Binghamton, NY 13901