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FOR SALE - 518 HOOPER RD

518 Hooper Road Endicott, NY, NY 13760 / COMMERCIAL PROPERTY
Date Constructed: 1980
Square Feet: 8,565
Acreage: 0.23 Acres
Distance to Airport: 7.9 MILES
Distance to Highway: 1.8 MILES
Nearby Colleges: Binghamton University and SUNY Broome CC

PRICE: $899,999

INVESTMENT HIGHLIGHTS
- Zoning: NC (Neighborhood Commercial), providing flexibility for various retail ventures Mix use
- Roof: 1 year old, ensuring minimal maintenance concerns

Introducing a Prime Investment Opportunity
The Building and Convinience Store are part of the sale with all contents. The Convenience store generates $265000 in gross sale.

Welcome to 518 Hooper Road, Endicott – a dynamic mixed-use building offering a unique blend of commercial and residential spaces. Built in 1980, this 8,565 SF property is a compelling choice for savvy investors seeking a high-yield asset in a thriving commercial market. the Smokeshop Business with all its contents is part of the sale and included.

Property Highlights:
- Total Area: 8,565 SF
- Net operating income $79,964
- Units: 4 (3 Retail/Office Spaces, 1 2 Bedroom Residential Apartment)
- Occupancy Rate: 85%, offering immediate income potential
- Zoning: NC (Neighborhood Commercial), providing flexibility for various retail ventures
- Year Built: 1980
- Roof: 1 year old, ensuring minimal maintenance concerns

Location & Market Appeal:
Strategically located in the bustling area, this property benefits from strong market demand and a vibrant local economy. The mix of retail and residential units makes it an ideal investment for those looking to diversify their portfolio. The property's prime positioning and solid occupancy rate enhance its appeal, presenting a rare opportunity to secure a valuable asset.

Investment Potential:
With its versatile zoning and current occupancy, 518 Hooper Road is positioned to generate steady rental income. The property's robust structure and recent roof upgrade add to its investment value, reducing the need for immediate capital expenditures.

For more information, please visit: https://www.loopnet.com/Listing/518-Hooper-Rd-Endicott-NY/32168458/

Or contact:
Devang Patel - (631) 220-2860

ASSISTANCE