Commercial Real Estate for Sale at 209 State Street in Binghamton, New York for $1,300,000

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209 State Street | BINGHAMTON

$1,300,000 | 0.0 Sq. Ft.

Nestled in the heart of Binghamton's vibrant Arts District, 209 State St offers a rare opportunity for developers and investors. This 12,000 sq ft building boasts city-approved plans for a mixed-use development, featuring 11 residential units totaling 25 bedrooms, 10 artist workspaces, and a versatile storefront suitable for retail or other commercial ventures. The city has greenlit the proposed plans, and all necessary paperwork has been submitted to secure a generous 50% tax credit on construction costs. Designed with the thriving student housing market in mind, the layout and amenities are perfectly suited to attract and accommodate students. For those eager to explore this promising investment, detailed plans are readily available upon request. Whether you're a developer, investor, or visionary looking to leave a mark on Binghamton's burgeoning Arts District, 209 State St is your canvas. Seller is a Lic. NY Real Estate Broker GBAR MLS #324824

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Contact Information

To inquire about this property, please contact your REALTOR® directly if you are already working with one, or use the contact information provided below to contact the listing agent or brokerage directly. GBAR staff is unable to provide real estate listing information. Please contact one of our REALTOR® members if you need more information about this or any other listing.
Listing Agent Name: 
Charles Ackerman
Listing Agent Phone: 
607-296-0758
Listing Agent Email: 
charlie [dot] ackerman [at] gmail [dot] com (send a message)
Listing Office Name: 
ACKERMANRE LLC
Listing Office Phone: 
607-296-0758