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102-106 Main St Endicott, NY 13760

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For Sale
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33 Units, High ROI, Prime Location

Property size:
3,992 SF

Property Features for 102-106 Main St

General Information

Property type
Mixed-use properties
Square Feet
3,992 SF
Lot Size
37,897 SF

Building Details

Year Built
1960
Units
33

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Listing Contact
Scott Warren, Ccim
Scott Warren, Ccim

Listing Agency: INNOVATIVE COMMERCIAL ADVISORS Listing Agent: Scott Warren, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a portfolio of four mixed-use buildings totaling 28,287 square feet in Endicott, NY. Located at 102-106 West Main Street, 310 East Main Street, 1104 Monroe Street, and 303 Robble Avenue, this portfolio comprises 33 units, including two commercial spaces. The properties boast a combined gross rent of $320,316, generating a substantial net operating income (NOI) of $182,179.17, resulting in a compelling 9.44% capitalization rate. Built in 1960, the portfolio sits on a 0.87-acre lot and offers a price per unit of $54,454 and a price per square foot of $18. The properties benefit from a high-traffic corner location on Main Street, with an average daily traffic count of 24,359 vehicles. One commercial space features a new AC unit and a long-term tenant. Residential rents are currently below market value, presenting significant upside potential. This package must be purchased as a whole. The asking price for this lucrative investment is $1,928,998. The area is experiencing significant growth due to recent additions of a battery manufacturer and a solar manufacturer. This portfolio represents a strong investment in a thriving market, with nearby amenities including the Cider Mill, McCoy's Chophouse, and George W. Johnson Park. The walkability score is 72. The properties are located in a municipal electric zone.
Property Profile Insight Report Location Intelligence

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Location Insight

  • Map
  • Local Demand
City
Endicott
County
Broome
State
New York
Longitude
-76.0655526
Latitude
42.0948174

FAQs

What type of property is this?
Mixed-use property - 33 Units, High ROI, Prime Location
Where is this mixed-use property located?
The property is located at 102-106 Main St Endicott, NY.
What is the asking price?
The asking price for this property is $1,928,998.
What are key features of this property?
This property features: High-traffic corner lot.; 24,359 average daily traffic count.; Main Street frontage at a state highway intersection.
(607) 621-0439 Call to check price and availability
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