Freestanding Mixed-Use
New
For Sale
Contact for pricing
1805 E Main St, Endicott, NY 13760
GC General Commercial zoning accommodates medical, office, retail, and service concepts, subject to applicable approvals.
Property Size1,941 SF
Lot Size0.45 Acres
Days on Market2
Property Features for 1805 E Main St
General Information
Standard status
Active
Size
1,941 SF
Total Parking Spaces
12
Lot size
0.45 Acres
Property subtype
Vacant-User
Zoning
GC
Site & Location
Corner Location
Yes
Pylon Signage
Yes
Traffic Count
9,836 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office/Retail
Medical Specialty
eye care
Amenities
ABSOLUTE $1 AUCTION | Former Eye Care Office | 10K VPD | Binghamton MSA | AUCTION NOVEMBER 16-18
Freestanding Medical Office with Upside - ±1,941 SF former eye-care facility offers exam rooms, reception, retail area, and storage.
Signalized Hard Corner with Dual Frontage - Two access points along E Main Street and Arthur Avenue support circulation and visibility.
Strong East Main Street Traffic Exposure - Nearby corridor carries ±9,836 VPD with SR-26 and I-86 providing additional regional connectivity.
Major Employment Anchor Within One Mile - BAE Systems' Huron Campus has 1,300+ employees and recently completed a major expansion nearby.
Dense Five-Mile Southern Tier Trade Area - ±87,512 residents and $94,240 average household income support a broad local consumer base.
Absolute $1 Auction - First Bid Meets Reserve!
Building Details
Building Size
1,941 SF
Year Built
2001
Buildings
1
Owner Occupied
No
Listing Agency:
Fort Lauderdale Office
Listed By:
Adam Sklaver · License #License(s): FL: SL3429070
(954) 245-3422
Source:
Marcusmillichap
Added: Nov 1
Last Checked: Nov 1 at 3:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fort Lauderdale Office
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Investment Insights
Based on property information with market context.
The vacant freestanding mixed-use building contains 1,941 square feet and was built in 2001 on 0.4473 acres. Its former eye-care configuration includes reception space, exam rooms or offices, an optical retail area, restrooms, and storage. The site also has 12 parking spaces, a pylon sign, and two access points.
At the signalized corner of E Main Street and Arthur Avenue, the property has approximately 195 feet of frontage on E Main Street and 80 feet on Arthur Avenue. It is about 0.5 mile from SR-26 and one mile from I-86. BAE Systems’ Huron Campus is nearby, and Binghamton University is approximately 15 minutes away.
GC General Commercial zoning supports medical, professional office, retail, and service concepts, subject to applicable approvals. The vacant condition allows an owner-user or a future occupant to assess the existing layout and potential reuse.
At the signalized corner of E Main Street and Arthur Avenue, the property has approximately 195 feet of frontage on E Main Street and 80 feet on Arthur Avenue. It is about 0.5 mile from SR-26 and one mile from I-86. BAE Systems’ Huron Campus is nearby, and Binghamton University is approximately 15 minutes away.
GC General Commercial zoning supports medical, professional office, retail, and service concepts, subject to applicable approvals. The vacant condition allows an owner-user or a future occupant to assess the existing layout and potential reuse.
Key Highlights
- 1,941‑square‑foot freestanding building on 0.4473 acres
- Built in 2001; vacant at the time of listing
- Existing eye‑care layout with reception, exam rooms/offices, optical retail area, restrooms, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,757
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,140
$375.1K
Cap Rate 7%
$267,957
$268.0K
Cap Rate 9%
$208,411
$208.4K
Market Conditions
NOI Build-Up for 1,941 SF
Gross rent
$34.9K $18.00/SF
− Vacancy
−$4.9K −$2.54/SF
EGI
$30.0K $15.46/SF
− OpEx
−$11.3K −$5.80/SF
NOI
$18.8K $9.66/SF
Area
Broome County, NY
Vacancy
14.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,140
Cap Rate 7%
$267,957
Cap Rate 9%
$208,411
Alternative Uses
Best Use
Healthcare Medical
$366.0K
$320.3K – $427.0K
NOI $25,621 @ 7.0% cap · market cap 2,562,100.00%
Second Best
Office B
$360.1K
$315.1K – $420.1K
NOI $25,208 @ 7.0% cap · market cap 2,520,800.00%
Theoretical Best
Office A
$481.5K
$421.4K – $561.8K
NOI $33,708 @ 7.0% cap · market cap 3,370,800.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
9,836 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
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Business Placement
Demographics for 13760, NY
44,153
Population
20,988
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
49.3 sq mi
ZIP Area
896
Density / Sq Mi
$63,242
Median Household Income
$41,939
Median Earnings
$883
Median Rent
$150,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - GC General Commercial zoning accommodates medical, office, retail, and service concepts, subject to applicable approvals.
Where is this mixed-use property located?
The property is located at 1805 E Main St Endicott, NY.
What are key features of this property?
This property features: 1,941‑square‑foot freestanding building on 0.4473 acres; Built in 2001; vacant at the time of listing; Existing eye‑care layout with reception, exam rooms/offices, optical retail area, restrooms, and storage
