Colonial Plaza

For Sale

30 W State St, Binghamton, NY 13901

This Binghamton property for sale is located at 30 W State St. The general use of Colonial Plaza is office and it incorporates 69,704 square feet of class B office space. The current listed sale price for Colonial Plaza is $1,699,000. Colonial Plaza is situated on a lot that is 34,976 acre in size.

Contacts

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

(607) 621-0439

Property Details

  • 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.

Getting around

  • 62/100

    Walk Score ®

  • 68/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Weis

    1.15 miles

  • A-1 Grocery & Halal Meat

    1.29 miles

  • Plaza 5

    1.41 miles

  • Price Chopper

    1.53 miles

  • Weis Markets #220

    1.69 miles

  • Walmart Supercenter

    2.20 miles

  • Maines Food & Party Warehouse

    2.36 miles

  • NOOR Halal Food & More

    2.56 miles

  • Dollar Depot

    2.69 miles

  • Aldi

    2.91 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

(607) 621-0439