Property summary
This exceptional mixed-use property at 518 Hooper Rd, Endicott, NY, presents a compelling investment opportunity. The 8,565 square foot building, constructed in 1980 and situated on a 20,537 square foot lot, features five units: three retail/office spaces and one two-bedroom residential apartment. Currently boasting 65% occupancy, this property offers immediate income potential. The included convenience store generates $300,000 in gross annual sales and is part of the sale, including all contents. The building benefits from a recently replaced roof (one year old), minimizing immediate maintenance needs. Zoned NC (Neighborhood Commercial), this property provides flexibility for a variety of retail ventures. Ample parking is available with 20 spaces. The property's prime location in Endicott, NY, within Broome County, ensures strong market demand and a vibrant local economy. This two-story building presents a rare opportunity to acquire a diversified portfolio asset with significant rental income potential and minimal immediate capital expenditure requirements. The combination of retail and residential units makes this a truly unique and attractive investment.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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General Contractor
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Consultant
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Grocery & Convenience Store
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Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
NC Central Business CB General Commercial GC Commercial Office CO B. The district names and map symbols are intended to provide a general indication of what is allowed in the district by denoting the commercial or office…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
NC · Endicott, NYNC Central Business CB General Commercial GC Commercial Office CO B. The district names and map symbols are intended to provide a general indication of what is allowed in the district by denoting the commercial or office…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
NC Central Business CB General Commercial GC Commercial Office CO B. The district names and map symbols are intended to provide a general indication of what is allowed in the district by denoting the commercial or office…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NC in Endicott, NY.
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