Endicott, NY 13760,2 Washington AVE
Endicott, NY 13760,2 Washington AVE
Endicott, NY 13760,2 Washington AVE
Endicott, NY 13760,2 Washington AVE
Endicott, NY 13760,2 Washington AVE
Endicott, NY 13760,2 Washington AVE
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$460,000

Est.Price: ?

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Est. payment /mo

6,094 SqFt


SOLD DATE : 02/12/2025

Key Details

Sold Price $460,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,094 sqft

Price per Sqft $75

MLS Listing ID 328495

Sold Date 02/12/25

Maintenance Fees $2,893

HOA Y/N No

Year Built 1920

Annual Tax Amount $9,461

Lot Dimensions 32x103

Property Sub-Type Other

Property Description

This commercial real estate mixed use building is located within a Federal Opportunity Zone brimming with potential. With Endicott boasting a rich history as the birthplace of IBM and recent announcements of a Battery Manufacturer and Solar Manufacturer, the area's trajectory is clear. Moreover, a $160M research and development grant, alongside recognition as one of the 32 Technology hubs by the Biden Administration, underscores its promising future. Currently, 7 out of 8 apartments are rented and there is one vacant retail space. The other retail space will soon become home to a new 2000 sq ft coffee shop with a signed 7-year lease that includes incremental rent increases, presenting a stable income stream. With separate utilities and a strategic location, this investment promises not just returns, but a stake in Endicott's flourishing commercial market. Additional property information can be found on brokerage website: https://www.svninnovative.com/properties

Location

State NY

County Broome

Area Area 05

Zoning CBD

Direction From Main headed West turn right on Washing Ave. Property is on the left at the end of the road on the corner of Main and North

Interior

Heating Electric

Exterior

Utilities Available Electricity Available, Natural Gas Available

Roof Type Membrane

Present Use Multi-Family

Street Surface Asphalt

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick Veneer

Schools

School District Union Endicott

Others

Tax ID 034601-157-006-0007-020-000-0000

Financing Cash

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Listed by INNOVATIVE COMMERCIAL ADVISORS
Bought with eXp REALTY
agent-avatar

+1(607) 203-0683

matt@warrenhomes.com

830 Hanshaw Rd., Ithaca, NY, 14850, United States

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