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Conklin Reliable Market

Listing was updated at: 06/03/2019
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Property Overview

Price/Rent PSF $ 1,399,000.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 17,288
Date Available 05/22/2019
Additional URL Link
Floors 1
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Description

Location
This assemblage is in a great strategic location to take advantage of recent developments in Conklin. This is 430 Ft of Conklin Rd. Frontage approximately 2 miles towards Binghamton from the new Dicks Facility. Heavy traffic count and increasing.

Sale
Being offered for sale is the Conklin Reliable Market and surrounding parcels. This is the sale of the business along with the real estate and the Family Dollar Plaza. This assemblage offers a great strategic location for development. A heavy and increasing traffic count. A National Tenant. A well established and long standing business. This is 430 Ft of Conklin Rd frontage including 3.16 acres which has never flooded. This property has tremendous potential. When including owners salary this is priced at a 17.2% CAP Rate !
Also available separately is Reliable Market. Asking price of $425,000 includes all FFE and Inventory. Gross sales $1,950,000 Annually. Tremendous opportunity.

Lease
Premium retail space available at a very reasonable price. This former bank is part of the Reliable Market/Family Dollar Plaza. 2 Very well established and long standing businesses. This space has a drive through built in. Great location. Never flooded. Right on Conklin Ave. Plenty of parking.

Location

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