The Ice House

15 and 17 Charlotte Street Binghamton, NY 13905

15 and 17 Charlotte Street, Binghamton, NY, 13905
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FOR SALE
Property Type:
Street Retail
Amount:
$499,000
Last Verified:
Oct 19, 2023

Highlights

  • Thriving Nightclub Business: A fully operational nightclub, ready to take over, with all the Furniture, Fixtures, and Equipment (FFE) in place for a seamless turnkey operation.
  • Prime Location: Situated just one block away from the bustling Main Street and conveniently within walking distance to the Price Chopper Plaza, offering exceptional visibility and accessibility.
  • Versatile Industrial Zoning: Enjoy the flexibility granted by industrial zoning, allowing for a wide range of potential uses and developments.
  • Mixed-Use Property: Comprising a 5,190 square foot Ice House building, along with two 2-bedroom residential units above, as well as a vacant 4,860 square foot building with the potential to develop between 18-21 bedrooms.
  • Additional Amenities: Featuring a 3-bay garage for added utility.
  • Consolidated Land: These three parcels together create a contiguous .34-acre parcel, providing ample space for various opportunities.

Description

Presenting the sale of Binghamton's iconic Ice House bar and lounge, a true gem in the heart of the city. This offering includes not only the real estate but also all the furniture, fixtures, and equipment (FFE) necessary to get your night club up and running at lightning speed once you secure a liquor license. The package encompasses three parcels: the legendary Ice House Bar and lounge, two leased 2-bedroom apartments generating $1,750 per month in rent, and a spacious 4,860 square foot vacant multifamily building, primed for a revitalization. The multifamily structure comprises six 2-bedroom units, offering immense potential. To top it off, a three-bay garage is also part of this comprehensive deal. It's your chance to acquire a turnkey bar and lounge, complete with FFE, two leased apartments, a ready-for-renovation 6-unit building, and a convenient three-bay garage—all bundled together at an attractive, single price point. Don't miss out on this unique opportunity to own a piece of Binghamton's history and its future.

This property boasts a prime corner location at the intersection of Charlotte and Florence Streets in Binghamton, NY. Nestled just one block away from both Main Street and Jarvis Street, it enjoys a central position within Binghamton's vibrant West Side. Furthermore, it offers easy access to Main Street and the I86 interchange, making it incredibly convenient for commuting. With the added perk of being within walking distance to the Price Chopper Plaza and an array of Binghamton's finest restaurants, shops, and amenities, this location truly epitomizes the best of urban convenience and accessibility.

Building Size: 10050sq ft
Lot Size: 0.34 acres


Documents

SVN - OM/Proposal/BOV (P)

Map of 15 and 17 Charlotte Street, Binghamton, NY, 13905

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.