136 Washington St Binghamton, NY 13901-3196
This exceptional mixed-use property at 136 Washington Street in Binghamton, NY, presents a unique investment opportunity. Priced at $850,000, this building boasts prime street-level retail space perfectly situated in the heart of Downtown Binghamton's revitalized Washington Street. Its strategic location offers unparalleled access to SUNY bus lines and the area's vibrant amenities, including popular establishments like Strange Brew and Craft. The building's high walkability score of 88 contributes to its desirability. Above the retail space are well-maintained apartments, capitalizing on the strong demand for student housing. With approximately 1,300 student housing beds in the immediate vicinity, this property enjoys a consistently high occupancy rate within Binghamton's competitive student housing market. This turnkey operation offers immediate income potential and a strong return on investment. The property's location, coupled with its blend of retail and residential space, makes it an attractive proposition for both seasoned investors and those seeking a stable, high-yield asset. The building's condition is excellent, minimizing the need for immediate capital expenditures. This is a rare chance to acquire a thriving business in a rapidly developing area. The property's size is not specified in the provided information.
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De Island Hut Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.