Under contract
Active Under Contract
2 Washington Avenue
ENDICOTT NY, 13760
$499,000
$81.88 per sqft
Under contract
Active Under Contract
6,094 sqft
Commercial
Built in 1920
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. Don't miss your chance to be part of this thriving narrative--a valuable asset awaits those ready to seize it. Same owner since 2016
325755
MLSⓇ ID
May 24, 2024
Listed
October 1, 2024
Updated
Map
2 Washington Avenue
ENDICOTT NY, 13760
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Roof
Membrane
Sewer
Public Sewer
School Information
School District
Union Endicott
Other Property Details
Area Name
Area 05
Taxes
$9,461
Tax Frequency
Annually
Days on Market
35
Garage
No
View
No
County
Broome
Municipality
Union
Water Source
Public
Pool
No
Zoning
CBD
Listed by James Lucenti with INNOVATIVE COMMERCIAL ADVISORS
Listing Contact: 607-354-6206
The IDX display contains information sourced from the Greater Binghamton Association of REALTORS® as of 10/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Greater Binghamton Association of REALTORS® all rights reserved.
Data last updated on 10/1/2024 at 9:26 PM UTC