114-116 West Main Street, Endicott, NY, 13760

114-116 West Main Street Endicott, NY 13760

114-116 West Main Street, Endicott, NY, 13760
114-116 West Main Street, Endicott, NY, 13760 114-116 West Main Street, Endicott, NY, 13760 114-116 West Main Street, Endicott, NY, 13760 114-116 West Main Street, Endicott, NY, 13760 114-116 West Main Street, Endicott, NY, 13760 114-116 West Main Street, Endicott, NY, 13760 114-116 West Main Street, Endicott, NY, 13760 114-116 West Main Street, Endicott, NY, 13760 114-116 West Main Street, Endicott, NY, 13760 114-116 West Main Street, Endicott, NY, 13760
FOR SALE
Property Type:
Street Retail
Amount:
$210,000
Last Verified:
Jan 19, 2024

Highlights

  • Prime Investment Opportunity: This commercial building in Endicott, NY offers an excellent investment prospect in a thriving district.
  • High-Visibility Location: Located on Main Street just past Nanticoke Avenue, the property benefits from a prominent position near established businesses like McCoys Chophouse, Babcock Bicycles, Key Bank, and Walgreens.
  • Ample Space: With 4,000 square feet of space, the building is divided into two distinct suites, providing flexibility and potential for multiple uses.
  • Steady Rental Income: Suite 1 is currently leased to a dog grooming business under a Modified Gross lease, generating a reliable monthly income of $1,100.
  • Versatile Vacant Space: Suite 2, spanning 1,961 square feet, offers flexibility with front and rear entrances and the added convenience of bordering a municipal parking lot, making it an attractive opportunity for various business ventures. Additionally, the property benefits from being within a municipal electric zone, enhancing its appeal in this rapidly developing area.

Description

An exceptional investment opportunity awaits with this commercial building now available for sale in the thriving district of Endicott, NY. Situated prominently on Main Street, just beyond Nanticoke Avenue, this property enjoys close proximity to established businesses such as McCoys Chophouse, Babcock Bicycles, Key Bank, and Walgreens. Boasting a generous 4,000 square feet of space, the building is thoughtfully divided into two distinct suites. Suite 1 is currently leased to a dog grooming business at $1,100 per month on a Modified Gross lease, offering a steady income stream. Suite 2, encompassing 1,961 square feet, is currently vacant and features convenient front and rear entrances, along with the added advantage of bordering a municipal parking lot. Notably, this property falls within a municipal electric zone, making it a particularly attractive prospect in this rapidly developing area.

Discover an exceptional investment opportunity in the vibrant district of Endicott, NY. This commercial building, prominently located on Main Street just past Nanticoke Avenue, offers prime exposure and is surrounded by well-established businesses, including McCoys Chophouse, Babcock Bicycles, Key Bank, and Walgreens.

Building Size: 3760sq ft
Lot Size: 0 acres


Documents

SVN - Brochure (P)

Map of 114-116 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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • 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.