15 Charlotte St Binghamton, NY 13905-2613
- Investment properties
- 5,190 SF
- 0.12 lot acres
Aug 20, 2020
Current Use by Public Records
- Investment properties
Property Details for 15 Charlotte St
- Year built
- 1960
- Lot size
- 0.12 lot acres
- Property size
- 5,190 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 030200 160.21-1-28
- APU
- 3020016021128
Description
This exceptional Binghamton, NY property offers a unique blend of commercial and residential opportunities. The 4,860 square-foot building, constructed in 1960, currently houses a fully equipped bar/nightclub with a strong historical presence and proven profitability. The sale includes the adjacent lot, ripe for development into six new two-bedroom residential units. Upstairs, two attractive apartments generate additional rental income. The property is being sold as-is, with all three units currently vacant, presenting a blank canvas for a new owner. The asking price is $449,000, translating to $92.39 per square foot. This mixed-use investment presents a compelling opportunity for both seasoned developers and entrepreneurs seeking a turnkey business venture with significant upside potential through rental income and potential redevelopment of the adjacent lot. The property's location in Binghamton, NY, and its existing infrastructure, including a dedicated parking lot, further enhance its appeal. The bar/nightclub is ready for immediate operation, requiring only a New York State Liquor License. This is a rare chance to acquire a well-established business with substantial expansion possibilities.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.9313
- Latitude
- 42.1049
- CBSA code
- 13780
- CBSA name
- BINGHAMTON, NY METROPOLITAN STATISTICAL AREA