518 Hooper RdEndicott, NY 13760

For Sale
Call for price

8,565 SF, high-yield potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • Prime investment opportunity: Mixed-use building with attached convenience store generating $300,000 in gross sales.
  • 8,565 SF building includes four units: three retail/office spaces and one two-bedroom apartment.
  • 75% occupancy rate provides immediate income.
  • NC (Neighborhood Commercial) zoning allows for diverse retail uses.
  • 1980 construction with a one-year-old roof.
  • Strong market demand in a bustling area, offering high investment potential.

Property Details for 518 Hooper Rd

Property type
Other retail properties, Individual retail properties
Square Feet
8,565 SF
Year Built
1980
Buildings
1
Stories
2
Units
5

Location Insight

City
Endicott
County
Broome
State
New York
Latitude
42.1177193
Longitude
-76.0178824
518 Hooper Rd, Endicott, New York

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518 Hooper Rd
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