Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Investment Highlights

  • 1+ Year Lease Term Remaining | Value-Add Opportunity | C1 Zoning (Service Commercial)
  • Frontage On Court St (14,100 VPD) | Minutes From I-81/86 (63,900 VPD)
  • Direct Residential Consumer Base | Strong Demographics
  • Dense Retail Corridor | Surrounded by National Tenants
  • Proximity To Downtown Binghamton | Regional Draw

Executive Summary

• The lease has over one year of primary term remaining, providing stable near-term income while offering significant value-add potential through future redevelopment or re-tenanting
• Zoned C1 (Service Commercial), the property is well-positioned for a wide range of commercial uses, enhancing long-term flexibility and upside

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,120 SF
Building Class
C
Year Built
1985
Price
$693,424 CAD
Price Per SF
$85.40 CAD
Cap Rate
11.82%
NOI
$81,980 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.52 AC
Zoning
C1 - Service Commercial
Parking
20 Spaces (2.46 Spaces per 1,000 SF Leased)
Frontage
87’ on Court St

Amenities

  • Corner Lot
  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Weis Markets
NBT Bank

Property Taxes

Property Taxes

Parcel Number
030200-161-023-0001-032-000-0000
Land Assessment
$84,047 CAD
Improvements Assessment
$268,314 CAD
Total Assessment
$352,361 CAD
  • Listing ID: 38370530

  • Date on Market: 2025-11-07

  • Last Updated:

  • Address: 457 Court St, Binghamton, NY 13904

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}