Mixed-Use Building with Ground
For Sale
$299,000
346 Clinton St, Binghamton, NY 13905
Brick mixed-use building with three residential units and one ground-floor commercial space at a major intersection.
Property Size4,442 SF
Days on Market35
Property Features for 346 Clinton St
General Information
Standard status
Active
Size
4,442 SF
Property subtype
Retail
Additional Details
Cap Rate
10%
Highway Access
Yes
Multifamily Units
3
Building Details
Building Size
4,442 SF
Year Built
1960
Construction
brick
Tenancy
Multi
Listing Agency:
SVN Innovative Commercial Advisors
(607) 621-0439
Listed By:
Scott Warren, CCIM · License #NY #10491212432
(607) 621-0439
Source:
Svn
Added: Jul 27
Changed: Aug 26
Last Checked: Aug 29 at 6:37AM
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 SVN Innovative Commercial Advisors
Investment Insights
Based on property information with market context.
This mixed-use brick building includes three residential units and one ground-floor commercial space, offering a straightforward operating profile with a diversified in-place income stream. The property is supported by a durable exterior and an overall layout designed to accommodate both residential and commercial tenancy.
Located at the intersection of Clinton Street and Glenwood Avenue, the site benefits from strong traffic counts, with approximately 9,500 vehicles per day on Clinton Street and 7,500 on Glenwood Avenue. Direct access to Interstate 86 supports regional connectivity and tenant accessibility.
The offering is listed with the expectation of achieving a 10% cap rate with in-place cash flow, combining residential and storefront revenue under one ownership structure.
Located at the intersection of Clinton Street and Glenwood Avenue, the site benefits from strong traffic counts, with approximately 9,500 vehicles per day on Clinton Street and 7,500 on Glenwood Avenue. Direct access to Interstate 86 supports regional connectivity and tenant accessibility.
The offering is listed with the expectation of achieving a 10% cap rate with in-place cash flow, combining residential and storefront revenue under one ownership structure.
Key Highlights
- Mixed‑use brick building with 3 residential units and 1 ground‑floor commercial space
- Located at the intersection of Clinton Street and Glenwood Avenue with approx. 9,500 VPD on Clinton and 7,500 VPD on Glenwood
- Direct access to Interstate 86 for regional connectivity and tenant accessibility
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
Explore this area
Business Placement
Demographics for 13905, NY
27,672
Population
13,774
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
28.2 sq mi
ZIP Area
981
Density / Sq Mi
$53,757
Median Household Income
$30,359
Median Earnings
$993
Median Rent
$137,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick mixed-use building with three residential units and one ground-floor commercial space at a major intersection.
Where is this mixed-use property located?
The property is located at 346 Clinton St Binghamton, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Mixed‑use brick building with 3 residential units and 1 ground‑floor commercial space; Located at the intersection of Clinton Street and Glenwood Avenue with approx. 9,500 VPD on Clinton and 7,500 VPD on Glenwood; Direct access to Interstate 86 for regional connectivity and tenant accessibility
