348 Clinton St, Binghamton, NY 13905 For Sale

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.

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.