348 Clinton St

348 Clinton St, Binghamton, NY 13905

Property Information

  • For Sale $315,000
  • Property Type Retail - Street Retail
  • Property Size 4,516 SF
  • Units 4
  • Lot Size 0.14 Acre
  • Year Built 1955
  • Date Updated May 12, 2026

Description

348 Clinton Street is located along one of Binghamton’s primary commercial corridors, just off the signalized intersection of Clinton Street and Glenwood Avenue. This stretch serves as a key connector between the City’s North Side, Downtown, and surrounding residential neighborhoods, supporting steady traffic flow and daily activity. The property benefits from immediate access to Interstate 86, allowing for efficient regional connectivity throughout the Southern Tier. Clinton Street is lined with a mix of local businesses, service providers, and residential housing, creating a consistent tenant base and reliable demand for both commercial and residential space. With traffic counts approaching 10,000 vehicles per day on Clinton Street and over 7,500 on Glenwood Avenue, the location provides strong exposure for commercial users while maintaining convenience for residential tenants. The surrounding area continues to support a blend of workforce housing and neighborhood retail, reinforcing long-term stability and occupancy.Offered for sale is a 5-unit mixed-use investment property located along Clinton Street near the signalized intersection of Glenwood Avenue in Binghamton. The building consists of two ground-floor commercial units and three residential apartments, creating a balanced income stream across both retail and residential tenancy. The property is positioned within a high-visibility corridor with consistent 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 tenant accessibility and long-term leasing stability, making the location attractive for both commercial and residential occupants. Constructed of durable brick and supported by recent updates, the asset offers a straightforward operating profile with in-place income. The mixed-use configuration and strong location fundamentals position the property well for continued performance. Priced to achieve an 11% cap rate, this offering presents a compelling opportunity for investors seeking stable cash flow and long-term visibility.

Highlights

  • 5-unit mixed-use property with 2 commercial spaces and 3 residential apartments
  • Diversified income stream across retail and residential tenancy
  • Durable brick construction with recent updates completed
  • High-visibility location near the intersection of Clinton Street and Glenwood Avenue
  • Immediate access to Interstate 86 supporting regional connectivity
  • Priced to achieve an 11% 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

Contacts

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

Location

Contact Listing Broker
Scott Warren, CCIM

SVN | Innovative Commercial Advisors

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