2801 Main StEndwell, NY 13760

Property Details for 2801 Main St

Year built

1980

Lot size

1.90 AC

Property size (Sq ft)

27,533 SF

Zone code

GC

Property type

Retail properties

Property subtype

Strip malls

APN

034689 157.08-2-9

APU

346891570829

Description

This exceptional Endwell, NY property presents a unique investment opportunity. The 34,344 square foot property, situated on a 1.9-acre lot, is currently configured as a family entertainment facility, offering significant potential for redevelopment. The existing 6,500 square foot space is ideally suited for conversion into a daycare center, addressing a critical community need. Economic development funds may be available to support such a project. The building, a Class B property with two single-story structures renovated in 2016, boasts a 12-foot ceiling height. Its strategic location at the intersection of Main Street and North Street in Endwell ensures high visibility and accessibility, with ingress and egress from both major roads. The area experiences approximately 20,000 vehicles daily. The property benefits from its proximity to several residential neighborhoods and is surrounded by national retailers including Little Caesars, Subway, Advance Auto, McDonald's, Burger King, AutoZone, Cricket Wireless, and Dunkin' Donuts. The zoning is commercial. This property offers a compelling blend of existing infrastructure and high growth potential, making it an attractive investment for both developers and entrepreneurs. The current layout includes an indoor play area, concession/kitchen area, and two large meeting/classroom areas, providing a solid foundation for a daycare conversion or other suitable commercial use.

• CAP approach

  CAP return

  Valuation

  6%

  $6,247,086

  6.5%

  $5,766,541

  7%

  $5,354,646

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,320,268

  Geo Method

  $9,065,604

• Alternative Use

  Use

  Valuation

  Residential

  $4,864,293

  Hospitality

  $4,455,666

  Educational

  $3,707,062

  Medical

  $3,834,554

  Retail

  $5,766,541

Location Insight

City

Endicott

County

Broome

State

New York

Latitude

42.1063

Longitude

-76.03

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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