2 Washington Ave Endicott, NY 13760

This exceptional mixed-use property at 2 Washington Ave, Endicott, NY, presents a compelling investment opportunity within a designated Federal Opportunity Zone. Situated in a revitalizing area, Endicott benefits from significant recent economic development, including the establishment of a battery manufacturer and a solar manufacturer, further bolstered by a substantial $160 million research and development grant and its designation as one of 32 national technology hubs. The building itself offers a blend of residential and commercial spaces. Currently, seven of the eight apartments are occupied, generating consistent rental income. One retail space is vacant, offering immediate potential for lease income. Importantly, a second retail space has been leased to a new coffee shop, securing a 7-year lease with built-in rent increases, providing a stable and growing revenue stream. This 2000 sq ft coffee shop will significantly enhance the property's value and income potential. The property features separate utilities for each unit, simplifying management and maximizing efficiency. This investment offers not only strong financial returns but also the chance to participate in the ongoing growth and transformation of Endicott's commercial landscape. The property's location and the positive economic outlook of the area make this a truly unique and promising investment opportunity.