Colonial Plaza

30 W State St, Binghamton, NY 13901

  • For Sale $1,699,000
  • Property Type Office - General Office
  • Property Size 69,704 SF
  • Units 37
  • Lot Size 34,976 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970
  • Date Updated Mar 19, 2024
This is an excellent central location at the intersection of W. State St and State St in Binghamton. This is directly across from the Binghamton Plaza, Next to a new development with housing and a Grocery store. Easy access from Chenango St. Less than a minute from Downtown Binghamton and minutes from the I86, I81 and I88 interchange. This is in a Federal Opportunity Zone.Offered for sale is this Office and Retail complex In Binghamton, NY. This complex offers a tremendous value add opportunity and is located in a Federal opportunity zone. This complex is 4 buildings totaling 69,704 SF+- on 2.85 Acres in a developing section of Binghamton, NY. This is an excellent central location at the intersection of W. State St and State St in Binghamton. This is directly across from the Binghamton Plaza, Next to a new development with housing and a Grocery store. Easy access from Chenango St. This location is less than a minute from Downtown Binghamton and minutes from the I86, I81 and I88 interchange. This is being offered at a 10.41% CAP rate based on current financials and a pro forma CAP rate of 19.34%.

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Highlights

  • Excellent value add potential.
  • Excellent central location.
  • Minutes from major Highway interchanges.
  • 4 buildings totaling 69,704 SF+-.
  • Huge value add opportunity.
  • In a Federal Opportunity Zone.

Contacts

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

(607) 621-0439

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable

  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Binghamton, NY
  • Zip Code 13901

Points of Interest

  • Gulf

    0.17 miles

  • Sunoco

    0.64 miles

  • Speedway

    1.07 miles

  • Speedway

    1.12 miles

  • Sunoco

    1.13 miles

  • Speedway

    1.20 miles

  • Citgo

    1.21 miles

  • Mirabito

    1.48 miles

  • Speedway

    1.78 miles

  • Kwik Fill

    2.50 miles

  • Lot UDC

    1.05 miles

  • Binghamton General Hospital Parking

    1.56 miles

  • UHS Summit Building Parking

    1.56 miles

  • BAGSAI Parking

    1.69 miles

  • UHS Parking

    1.69 miles

  • Lot HSC2

    2.49 miles

  • Lot HSC1

    2.62 miles

  • Lot J

    2.93 miles

  • Lot J1

    3.00 miles

  • Lot J2

    3.03 miles

  • The Grand Royale Hotel

    0.83 miles

  • Holiday Inn Binghamton Downtown

    0.96 miles

  • Econo Lodge

    1.15 miles

  • Fairfield Inn Marriott

    1.51 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    2.18 miles

  • Comfort Inn

    2.28 miles

  • Motel 6

    2.33 miles

  • Del Motel

    2.66 miles

  • Residence Inn

    2.88 miles

  • Quality Inn & Suites

    2.94 miles

  • New York Pizzeria

    0.14 miles

  • Remlik's

    0.44 miles

  • Amici

    0.48 miles

  • Tranquil Bar & Bistro

    0.53 miles

  • Chris' Diner

    0.60 miles

  • Burger Mondays

    0.66 miles

  • Lost Dog Cafe

    0.71 miles

  • River Bistro

    0.71 miles

  • Nirchi's Pizza

    0.81 miles

  • Dios Rios Cantina

    0.82 miles

  • Edison School

    0.13 miles

  • Saint Paul's Parochial School

    0.16 miles

  • Saint Mary's School

    0.65 miles

  • Roosevelt School

    0.67 miles

  • Christopher Columbus Public School

    0.69 miles

  • Daniel S Dickinson School

    0.99 miles

  • Saint Cyril and Methodius Parochial School

    1.04 miles

  • Binghamton University Downtown Center

    1.05 miles

  • Roberson Memorial Center

    1.09 miles

  • Franklin School

    1.20 miles

  • First Presbyerian Nursery School

    7.23 miles

Frequently Asked Questions

What is the lease rate for Colonial Plaza?

Rental asking rate at Colonial Plaza is $849,500.00/YR.

What is the total square footage of Colonial Plaza?

Colonial Plaza totals 69,704 square feet.

When was this property built?

Colonial Plaza was built in 1970.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

(607) 621-0439