NY
Broome
Vestal
13850
860 Vestal Road
860 Vestal Road, Vestal, NY 13850
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Listing Type
Commercial/Industrial
Listing Status
active
14
$1,594,000

Home Details for 860 Vestal Road

Price
$1,594,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1990
County
Broome
Garage
Days on site
135
MLS Listing#
332215
Property Description

With plans for a 128-unit 55+ community, this project includes the expansion of the existing 86,867 SF structure to a total of approximately 135,597 SF. The 5.06-acre parcel offers over 530 feet of road frontage on Old Vestal Road and exceptional connectivity—just minutes from I-86, State Route 434, and State Route 26. Strategically positioned in a high-income area where household incomes exceed the Broome County average by 44%, the site supports strong demand for quality senior housing. At a proposed sale price of $1,599,000 and an estimated stabilized market value (post-renovation) exceeding $40 million, this opportunity offers immediate equity, favorable pricing, and a compelling 18-month development timeline.

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Property Features
  • Utilities
    • Electricity Available
    • Natural Gas Available
  • Water Features
    • Public
Listing Courtesy: INNOVATIVE COMMERCIAL ADVISORS - 607-203-1826
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2025 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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Median Square Feet
Market statistics compiled from data from Great Binghamton AOR.
EXIT REALTY FRONT AND CENTER
1155 Front Street, Binghamton, NY 13905
Kregg Smith
License #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
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