1040 Vestal Parkway East
$1,199,000
1040 Vestal Parkway East, Vestal, NY 13850
10,880 sqft
Building Size
0.79 acres
Lot Area
Details:
Description:
SVN | Innovative Commercial Advisors proudly presents 1040 Vestal Parkway East in Vestal, NY, a remarkable 10,880 SF Class A office building that encapsulates the essence of convenience, efficiency, and quality. Ideally situated on NYS Route 434, known as The Vestal Parkway, in close proximity to the New York State Route 26 interchange, this location provides swift and easy access to highways, granting a 15- minute commute to the entire Binghamton MSA. With an impressive daily traffic count of 26,792 and its strategic proximity to I86, just 0.2 miles away with an average daily traffic count of 48,010, and NY Route 26 with a traffic count of 10,160, this property offers unparalleled exposure and accessibility. Positioned on the other side of the Route 26 Bridge to Endicott, it's primed to seize emerging developments. Nearby, you'll find the region's largest childcare facility, Tutor Time, as well as an array of restaurants, coffee shops, gyms, and various amenities, making it an enviable location for work. As you step inside, the building's quality shines with high-grade modern finishes, central air, 3-phase electric, an outdoor break area, and ample parking. The property includes 29 parking spaces adjacent to the building, and an additional parking opportunity at 109 Brady Ave in Vestal. The current owner is leasing back the 2nd floor at $12/SF NNN, generating an annual income of $65,280 plus 1/2 of the taxes, insurance, and maintenance. This versatile property is an ideal investment opportunity or a perfect owner-user option for the first floor. This is on The Vestal Parkway in very close proximity to the NYS Route 26 and I86 interchange. Because of its close proximity to the Highway system this is in an excellent location to take advantage of new developments in Endicott. The entire Binghamton MSA is reachable within a 15 minute drive time.
Situated at the prime junction of NYS Route 434, known as The Vestal Parkway, and New York State Route 26 interchange, this Vestal location offers seamless access to major highways, making it a strategic hub within the Binghamton Metropolitan Statistical Area, all reachable within a swift 15-minute drive. With an impressive average daily traffic count of 26,792, this property also sits just 0.2 miles from I86, boasting an average daily traffic count of 48,010, and NY Route 26, with a traffic count of 10,160. Notably, it's strategically positioned just beyond the Route 26 Bridge, poised to harness the burgeoning developments in Endicott. Furthermore, in close proximity, you'll find the region's largest childcare facility, Tutor Time, along with a delightful array of restaurants, coffee shops, gyms, and various amenities making this a highly desirable location for both work and convenience.
Class a Office Building.
Desirable Vestal Parkway Location Spacious Offices.
Glass enclosed conference room.
Can reach the entire Binghamton MSA in a 15 minute drive time.
In very close proximity to the NYS Route 26 and the I86 interchange.
100 Feet of Vestal Parkway Frontage.
Average Daily Traffic Count of 26,792. .2 Miles from I86 with an average daily traffic count of 48,010.
Can reach the entire Binghamton MSA and Pennsylvania border in a 15 minute drive time.
Neighboring several amenities including child care, Restaurants and Gyms.
High Grade finishes throughout. Elevated Loading Dock.
Location
