102-106 W Main ST
Fully Occupied Mixed-Use Investment | 6 Apartments + 3 Storefronts
Marketing description
Corner locations never go out of style! Situated at the corner of West Main and Exchange Street in the heart of Endicott, this mixed-use investment property offers exceptional visibility and is within walking distance of restaurants, coffee shops, local businesses, municipal parking, and everyday conveniences. The building features three commercial storefronts—including a mattress retailer occupying two combined storefronts and an established law office—along with six one-bedroom apartments, creating multiple income streams under one roof. Located in the Village of Endicott Municipal Electric District. With easy highway access, approximately 20,000 vehicles passing daily, and just minutes from En-Joie Golf Club, home of the annual Dick's Sporting Goods Open, this fully occupied mixed-use property is a great addition to any investment portfolio or 1031 exchange.
Investment highlights
Building highlights for CREXi:
- Fully occupied mixed-use investment property
- Six one-bedroom apartments
- Three commercial storefronts
- Established commercial tenants, including a mattress retailer and law office
- Multiple income streams under one roof
- Tenants pay utilities
- Located in the Village of Endicott Municipal Electric District
- High-visibility corner of West Main and Exchange Streets
- Approximately 20,000 vehicles passing daily
- Two-story brick building
- Approximately 0.23-acre lot
- Public water and sewer
- Walkable to restaurants, coffee shops, businesses and municipal parking
- Easy highway access
- Minutes from En-Joie Golf Club and the DICK’S Sporting Goods Open
- Reported annual gross income of $86,280
- Reported NOI of $57,342
- Approximately 11.49% indicated cap rate based on the reported NOI and $499,000 asking price
- Potential portfolio addition or 1031 exchange opportunity
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