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301 N Main St Vestal, NY 13850

For Sale
$585,000

Office space with lease in place and apartment opportunity.

Property size:
5,781 SF
Lot size:
1.50 Acres

Property Features for 301 N Main St

General Information

Size
5,781 SF
Lot size
1.50 Acres

Source: Cushman & Wakefield | Pyramid Brokerage - Binghamton Agent Leo Jones

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


Overview

Renovated Office with Apartment Potential

This property features a first-floor office space renovated for an orthodontist practice. The second floor, accessible via an outside entrance, is ready for renovation and could be converted into a 3-bedroom apartment. The property has undergone extensive interior and exterior renovations. The roof was replaced in 2024, and the building includes newer HVAC with two units and newer electrical systems. Architectural details include multiple fireplaces, hardwood floors, and stained-glass windows. The property also benefits from professional landscaping and a detached garage. It is connected to municipal water and sewer services. The office area is currently leased from April 23, 2024, to April 22, 2030, with two 5-year options, generating a net operating income of $51,000 annually with 2% annual increases. The property size is 5,781 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Muench Orthodontics Orthodontist Dr. David Muench Orthodontist

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Similar Places Nearby

VCA Southern Tier Animal Hospital, Robinson Sara DVM, Bowlin Caroline DVM, Weaver-Kirby Lisa DVM, Pontillo Sarah a DVM

Location Insight

  • Map
  • Local Demand
City
Vestal
County
Broome
State
New York
Longitude
-76.0544007
Latitude
42.0890301

FAQs

What type of property is this?
Medical office - Office space with lease in place and apartment opportunity.
Where is this medical office located?
The property is located at 301 N Main St Vestal, NY.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: - Leased office space generating $51,000 NNN annually with 2% annual increases and options until 2040.; - Extensive interior and exterior renovations.; - Upstairs ready for renovation into a potential 3-bedroom apartment.
More about this property
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