Class A Office
1040 Vestal Parkway East, Vestal, NY 13850
Exceptional 10,880 SF office building in Vestal, NY for sale.
Type:OFC, SCR, MU
Property size:
10,880 SFLot size:
0.33 AcresPrice / SF:
$110/SF- Added:
- Jul 9, 2024
- Days on Market:
- 689
- Last Refresh:
- Apr 3 at 5:03 am
Property Features for 1040 Vestal Parkway East
General Information
- Standard status
- Active
- Size
- 10,880 SF
- Lot size
- 0.33 Acres
- Property subtype
- OFC, SCR, MU
Building Details
- Year Built
- 1965
Listing agent Jonalyn Cooper (818) 621-8847
Listing office Keller Williams Greater Binghamton (818) 621-8847
Listing date Jul 9, 2024
Source Realnex
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Greater Binghamton
HighLights
- Prime location on Vestal Parkway East with easy access to major highways.
- High‑end modern finishes throughout the 10,880 SF Class A office building.
- Income‑generating potential with the current owner offering to lease back the 2nd floor at $12/SF Gross, exceeding $65,000 annually.
- Ample parking with 29 spaces onsite.
- Versatile space suitable for office or retail use, featuring floor‑to‑ceiling windows on the 1st floor.
- Convenient amenities nearby including dining, shopping, lodging, and the Vestal Rail Trail.
Overview
Located on Vestal Parkway East in Vestal, NY, this Class A office building offers 10,880 SF of space. The property is strategically positioned less than a mile from NYS Route 26 and the I86 interchange, providing convenient access to I86, I81, and I88 highways. Its location offers exposure and proximity to upcoming developments in Endicott and Binghamton, and is situated an 8-minute drive from Binghamton University and within 15 minutes of the Binghamton MSA. The building features modern finishes, heating and air conditioning with 4 separate units, and 3-phase electric with 4 separate meters. It includes 6 restrooms, an outdoor break area, and 29 on-site parking spaces, with an additional 0.33-acre partially paved vacant lot across the street at 109 Brady Ave for extra parking. The first floor features floor-to-ceiling windows, suitable for retail space. The second floor has a reinforced steel and concrete floor, capable of supporting heavy equipment or machinery, making it suitable for a full-size gym. An elevated loading dock and ramp access are located at the back of the building. Nearby amenities include dining options, shopping, lodging, car dealerships, and child care facilities. The Vestal Rail Trail is also nearby. The current owner is offering to lease back the 2nd floor at $12/SF Gross, generating an annual income exceeding $65,000. This property offers investment potential and owner-user options on the first floor or the entire building.
Property Profile
Location Intelligence
Current Use by Public Records
eni (Employee Network ...
Insurance Agency
Kim Hannah
Family Counselor
Vestal Counseling Solutions: ...
Foster Care Service
Vestal Counseling Solutions: ...
Foster Care Service
Vestal Counseling Solutions: ...
Family Counselor
Location Insight
- Map
- Local Demand
- City
- Vestal
- County
- Broome
- State
- New York
- Longitude
- -76.0339443
- Latitude
- 42.0907189
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FAQs
What type of property is this?
Office building - Exceptional 10,880 SF office building in Vestal, NY for sale.
Where is this office building located?
The property is located at 1040 Vestal Parkway East Vestal, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Prime location on Vestal Parkway East with easy access to major highways.; High‑end modern finishes throughout the 10,880 SF Class A office building.; **Income‑generating potential with the current owner offering to lease back the 2nd floor at $12/SF Gross, exceeding $65,000 annually.**
