102-106 W Main St

102-106 West Main Street Endicott, NY 13760

102-106 West Main Street, Endicott, NY, 13760
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$499,000
Last Verified:
Oct 06, 2024

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Highlights

  • High traffic corner location
  • Average daily traffic count 24,359
  • Excellent location directly on Main St at an intersection with a State Highway
  • New AC Unit for Commercial space
  • Commercial space with a long-term tenant
  • Residential rents well below the areas fair market rents

Description

This well-maintained 8-unit mixed-use building is available in the heart of Endicott, NY, the birthplace of IBM and Endicott Johnson Shoes. Located at a busy traffic-light corner on W Main Street and Nanticoke Rd, this property offers high visibility with a daily traffic count of 23,459. The building features 6 one-bedroom units and 2 leased commercial spaces, providing strong income potential. With nearby attractions like the Cider Mill, McCoy's Chophouse, and George W. Johnson Park, and a walkability score of 72, this is an excellent investment in a rapidly growing market. Municipal Electric Zone! This building must be purchased as a package with 1104 Monroe Ave.

This prime corner location sits at a high-traffic intersection in the heart of the Endicott market, with an impressive average daily traffic count of 23,459. Positioned at the intersection of W Main Street and Nanticoke Rd (NYS Route 26 North), this property offers exceptional visibility and accessibility. It’s just steps away from popular local attractions like the Cider Mill, McCoy's Chophouse, and George W. Johnson Park, making it a highly desirable area. With convenient access to major roadways and a strong walkability score of 72, this location presents an outstanding opportunity for anyone looking to capitalize on the vibrant Endicott market.


Year Built: 1960
Building Size: 9144sq ft
Lot Size: 0.87 acres


Documents

Investment Analysis (24).pdf
SVN - OM/Proposal/BOV (P)

Map of 102-106 West Main Street, Endicott, NY, 13760

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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:

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  • 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.