102-106 W Main St
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102-106 W Main St
12,371 SF 100% Leased Retail Building Endicott, NY 13760 $499,999 ($40/SF) 7.84% Cap Rate
Investment Highlights
- High traffic corner location
- Excellent location directly on Main St at an intersection with a State Highway
- Commercial space with a long-term tenant
- Average daily traffic count 24,359
- New AC Unit for Commercial space
- Residential rents well below the areas fair market rents
Executive Summary
This well-maintained 8-unit mixed-use building is available in the heart of Endicott, NY, the birthplace of IBM and Endicott Johnson Shoes. Located at a busy traffic-light corner on W Main Street and Nanticoke Rd, this property offers high visibility with a daily traffic count of 23,459. The building features 6 one-bedroom units and 2 leased commercial spaces, providing strong income potential. With nearby attractions like the Cider Mill, McCoy's Chophouse, and George W. Johnson Park, and a walkability score of 72, this is an excellent investment in a rapidly growing market. Municipal Electric Zone! This building must be purchased as a package with 1104 Monroe Ave.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,371 SF
Building Class
C
Year Built
1960
Price
$499,999
Price Per SF
$40
Cap Rate
7.84%
NOI
$39,224
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.44
Land Acres
0.20 AC
Zoning
CBD
Parking
6 Spaces (0.49 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
Walk Score ®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 034601-157-013-0008-025-000-0000 | Improvements Assessment | $1,600 |
| Land Assessment | $7,800 | Total Assessment | $9,400 |
PROPERTY TAXES
Parcel Number
034601-157-013-0008-025-000-0000
Land Assessment
$7,800
Improvements Assessment
$1,600
Total Assessment
$9,400
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Scott Warren -
SVN | Innovative Commercial Advisors
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102-106 W Main St
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