- For Sale $299,000
- Property Type Retail - Street Retail
- Property Size 4,442 SF
- Units 4
- Lot Size 0.09 Acre
- Building Class C
- Year Built 1960
- Date Updated May 11, 2026
Description
346 Clinton Street is situated along one of Binghamton’s primary commercial corridors, near the signalized intersection of Clinton Street and Glenwood Avenue. This location provides strong visibility and consistent traffic flow, serving as a key connection point between the City’s North Side, Downtown, and surrounding residential neighborhoods.
The property benefits from immediate access to Interstate 86, allowing for efficient regional connectivity throughout the Southern Tier. Clinton Street supports a mix of retail, service businesses, and residential housing, creating steady activity and a reliable tenant base.
With daily traffic counts approaching 9,500 vehicles on Clinton Street and over 7,500 on Glenwood Avenue, the area offers strong exposure for commercial use while maintaining accessibility for residential tenants. The surrounding neighborhood continues to support a blend of local businesses and workforce housing, reinforcing long-term demand fundamentals.Offered for sale is a brick mixed-use investment property located along Clinton Street near the signalized intersection of Glenwood Avenue in Binghamton. The asset consists of three residential apartments and one ground-floor commercial space, providing diversified income across both residential and retail tenancy.
The property is positioned in a high-visibility location with strong traffic flow, benefiting from approximately 9,500 vehicles per day on Clinton Street and over 7,500 vehicles per day on Glenwood Avenue. Immediate access to Interstate 86 and surrounding arterial routes supports both tenant accessibility and long-term leasing stability.
Constructed of durable brick, the building offers a straightforward operating profile with in-place income and a balanced unit mix. The combination of location, exposure, and mixed-use functionality positions the asset well for continued performance. Priced to reflect a 10% cap rate, this offering presents a compelling opportunity for investors seeking stable cash flow with strong visibility and long-term positioning.
Highlights
- Direct access to Interstate 86 supporting regional connectivity and tenant accessibility
- Diversified income stream across residential and commercial tenancy
- Durable brick construction with a straightforward operating profile
- High-visibility location at the intersection of Clinton Street and Glenwood Avenue
- Mixed-use building with 3 residential units and 1 ground-floor commercial space
- Priced to achieve a 10% cap rate with in-place cash flow
- Strong traffic counts with approximately 9,500 vehicles per day on Clinton Street and 7,500 on Glenwood Avenue
False
Contacts
Scott Warren, CCIM
SVN | Innovative Commercial Advisors
Location
Contact Listing Broker
Scott Warren, CCIM
SVN | Innovative Commercial Advisors