Property summary
This exceptional 650,000 USD commercial property at 4535 Vestal Road in Vestal, New York, presents a unique investment opportunity. Situated directly across from Binghamton University, this multi-purpose building enjoys unparalleled visibility and accessibility. The flexible zoning allows for a wide range of commercial uses, making it ideal for a variety of businesses. Whether you envision a restaurant, retail space, office, or a convenience/service business, this property offers the adaptability to suit your needs. The existing floor plan features a blend of open and private areas, providing versatility for different layouts. Detailed construction permits for reconfiguration are readily available, along with accompanying CAD drawings, simplifying any renovation or expansion plans. The building's systems have been recently updated, ensuring efficient and cost-effective operation. This prime location, combined with the building's adaptable design and updated infrastructure, makes this a truly exceptional investment opportunity in a thriving community. The property is offered at 650,000 USD. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice
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Dental Office
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Dental Office
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Alternative Medicine Practice
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Hair Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Allowable as an accessory use. P Allowable as a use permitted by right. T Allowable upon obtaining a special permit from the town board. Z Allowable upon obtaining a special permit from the zoning board of appeals. C-1 C…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Vestal, NYAllowable as an accessory use. P Allowable as a use permitted by right. T Allowable upon obtaining a special permit from the town board. Z Allowable upon obtaining a special permit from the zoning board of appeals. C-1 C…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Allowable as an accessory use. P Allowable as a use permitted by right. T Allowable upon obtaining a special permit from the town board. Z Allowable upon obtaining a special permit from the zoning board of appeals. C-1 C…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Vestal, NY.
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