Vestal Parkway Mixed-Use
For Sale
$1,099,000
Pending
1040 Vestal E Parkway, Vestal, NY 13850
Prime location near highways, ideal for office or retail.
Property Size10,880 SF
Days on Market796
Property Features for 1040 Vestal E Parkway
General Information
Standard status
Pending
Size
10,880 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$29,087
Building Details
Year Built
1965
Listing Agency:
KELLER WILLIAMS REALTY GREATER BINGHAMTON
(570) 470-9761
Listed By:
Allison A Drihmi · License #10491208658
(570) 470-9761
Source:
Exitrealty
Added: Jun 4, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY GREATER BINGHAMTON
Investment Insights
Based on property information with market context.
Located on the Vestal Parkway, less than a mile from the NYS Route 26 and I86 interchange, this property offers accessibility to I86, I81, and I88. The location is positioned to capitalize on upcoming developments in both the Endicott and Binghamton areas. Binghamton University is an 8-minute drive away, and the Binghamton MSA is accessible within 15 minutes. The property is suitable for businesses seeking office or retail space. Daily traffic counts exceed 26,000. The building features modern finishes, heating and air conditioning (4 units), 3-phase electric (4 meters), and 6 restrooms. There are over 40 parking spaces between the main property and an additional lot across the street at 109 Brady Ave, which is included in the sale. The first floor has floor-to-ceiling windows. The second floor features reinforced steel and concrete flooring suitable for heavy equipment, making it suitable for a full-size gym. The back of the property includes an elevated loading dock for box trucks. The property size is 10880 square feet. The owner is offering to lease back the second floor at $12 per square foot, with an annual income exceeding $65,000.
Key Highlights
- Prime location on Vestal Parkway with high traffic (26k daily) and easy access to I‑86, I‑81, and I‑88.
- Includes additional lot across the street (109 Brady Ave) and over 40 parking spaces.
- Reinforced steel and concrete 2nd floor suitable for heavy equipment (e.g., full‑size gym).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 13850, NY
22,135
Population
10,427
Households
2.1
Avg Household Size
43
Median Age
45%
College-Educated
94%
High-School Grad
51.1 sq mi
ZIP Area
433
Density / Sq Mi
$81,627
Median Household Income
$44,821
Median Earnings
$1,111
Median Rent
$185,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Prime location near highways, ideal for office or retail.
Where is this mixed-use property located?
The property is located at 1040 Vestal E Parkway Vestal, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Prime location on Vestal Parkway with high traffic (26k daily) and easy access to I‑86, I‑81, and I‑88.; Includes additional lot across the street (109 Brady Ave) and over 40 parking spaces.; Reinforced steel and concrete 2nd floor suitable for heavy equipment (e.g., full‑size gym).
