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257 Main St Johnson City, NY 13790

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For Sale
$1,345,000

Mixed-use property with redevelopment potential near Binghamton University.

Property size:
21,348 SF

Property Features for 257 Main St

General Information

Size
21,348 SF

Building Details

Year built
1960

Source: Scott Warren, CCIM Agent Scott Warren, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Building Near University

This mixed-use building, located at the corner of Main Street and Avenue D in Johnson City, presents an excellent value-add opportunity. Situated steps from Binghamton University's Health Sciences Campus, the property includes 18 residential units and 2 large street-level commercial spaces. The residential component features a total of 25 beds across a mix of studio, 1-, 2-, and 3-bedroom units. Each apartment is separately metered and features individual furnaces. The landlord is responsible for water heaters and common area utilities. The 21,248-square-foot solid brick building is ideal for redevelopment and sits within an Opportunity Zone, potentially qualifying for Restore NY grant funding. The property is strategically located near Binghamton University’s School of Pharmacy, offering an opportunity to reposition a fully vacant 20-unit property in a rapidly growing corridor. Strong fundamentals, a flexible layout, and proximity to student and medical demand drivers make this an ideal value-add or redevelopment play. The property has a walkable score of 82.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Johnson City
County
Broome
State
New York
Longitude
-75.9555842
Latitude
42.1156365

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with redevelopment potential near Binghamton University.
Where is this mixed-use property located?
The property is located at 257 Main St Johnson City, NY.
What is the asking price?
The asking price for this property is $1,345,000.
What are key features of this property?
This property features: - Prime location near Binghamton University's Health Sciences Campus and School of Pharmacy.; - Significant value-add/redevelopment opportunity to increase rents post-renovation.; - Mixed-use building with 18 residential units (25 beds) and 2 large commercial spaces.
More about this property
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