200 Front St Vestal, NY 13850
- Office Properties & Spaces
- 23,000 SF
- 1.37 lot acres
Current Use by Public Records
- Women's Life Services / Women'S Health Clinic / Community Center
- Marilyn I. Geller, PHD / Psychologist
- Angela L. Crawford, PHD / Psychologist
- Tioga state bank owego / Bank
- Dr. Taseer Minhas, MD / Neurologist
Property Details for 200 Front St
- Year built
- 1968
- Lot size
- 1.37 lot acres
- Property size
- 23,000 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional Class A medical office building, located at 200 Front Street in Vestal, NY, presents a compelling investment opportunity. The 23,000-square-foot, single-story building boasts 100% occupancy across five units, generating a strong cash flow. Constructed in 1968 and extensively renovated in 2012, the property features ample parking (105 spaces) on a 1.37-acre lot. Its prime location, just a short distance from the I-81 & NY-17 interchange and Vestal Parkway East's retail hub, ensures high visibility and accessibility. The building is zoned C1 and offers long-term tenants with a modified lease structure. The stabilized investment features a competitive cap rate and presents potential for upside. With its strong tenant base and desirable location, this property is an ideal acquisition for both investors and owner-users seeking a stable, high-performing asset in the thriving Vestal market. The asking price is $1,690,000, translating to $73.48 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vestal
- County
- Broome
- State
- New York
- Longitude
- -76.0565
- Latitude
- 42.0856
