180 Broad Ave Binghamton, NY 13904-1026
- Investment properties
- 2,539 SF
- 0.11 lot acres
Current Use by Public Records
- Pasquale's Deli / Deli
Property Details for 180 Broad Ave
- Year built
- 1960
- Lot size
- 0.11 lot acres
- Property size
- 2,539 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 030200 145.45-2-17
- APU
- 3020014545217
Description
This turnkey retail property at 180 Broad Ave, Binghamton, NY, presents a unique investment opportunity. Located in an industrial zone with high visibility, this property benefits from its proximity to major highway interchanges, offering exceptional access to a large customer base. The strategic location near the Bevier Street intersection provides easy access to Bevier Street, the Brandywine Highway, and I-86. High daily traffic counts on the Brandywine Highway (22,092) and I-86 (57,696) ensure significant exposure. A substantial portion of the Binghamton market is within a 15-minute drive. The property includes all restaurant equipment and furniture, fixtures, and equipment (FFE), minimizing start-up costs for a new operator. Adding to the investment potential, a spacious two-bedroom apartment on the second floor provides an additional income stream. Numerous established businesses, including Mincola Distribution, Gates Fabrication, Ashland Chemical Corp, Three Arrows Corp., Buckingham Manufacturing, and Binghamton Agway, are within walking distance, creating a vibrant and established commercial environment. This property is ideal for an entrepreneur seeking a ready-to-operate business with significant growth potential. The asking price is $249,000.
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
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.8897
- Latitude
- 42.1188
- CBSA code
- 13780
- CBSA name
- BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
