518 Hooper Rd - Storefront FOR SALE


Endicott, NY 13760
$899,999 USD
631-220-2860
518 Hooper Rd, Endicott, NY for Sale
$899,999 USD
Storefront - FOR SALE
1/19
null | 6.76% Cap Rate

518 Hooper Rd
Endicott, NY 13760


HIGHLIGHTS

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

OVERVIEW

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 SALE DETAILS

PRICE

$899,999 USD

PRICE/SF

$105 USD /SF

CAP RATE

6.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Fast Food, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

NC

APN/PARCEL ID

034689-142-013-0002-001-000-0000

ASK ABOUT THIS PROPERTY

Devang PatelDouglas Elliman CommercialMore Info
631-220-2860

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Devang PatelDouglas Elliman CommercialMore Info
631-220-2860

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.