71 Owego RdCandor, NY 13743

Property Details for 71 Owego Rd

Year built

1972

Lot size

0.34 AC

Property size (Sq ft)

1,696 SF

Zone code

ZONE

Property type

Investment properties

Property subtype

Retail residential properties

APN

492489 61.00-1-57

APU

4924896100157

Description

This exceptional commercial property at 71 Owego Rd, Candor, NY, presents a remarkable opportunity for entrepreneurs and established businesses alike. Priced at $334,400, this retail space boasts a flexible open floor plan, ideal for a single large tenant or easily divisible for multiple occupants. Its strategic location offers convenient access to Ithaca, Owego, and Binghamton, ensuring high visibility and accessibility for customers. The property sits on over 3.5 acres of land, providing extensive parking – a significant advantage for businesses requiring ample space for customers and employees. Adding to its versatility, a single-wide trailer located at the rear of the property offers additional income potential through rental or provides the option for on-site living, ideal for owner-operators. This unique combination of a spacious retail building and additional living/income generating space makes this a truly exceptional investment. The property's size and location make it suitable for a wide range of commercial ventures, promising significant return on investment. Don't miss this chance to secure a thriving business location in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $339,606

  6.5%

  $313,482

  7%

  $291,091

• Comparable approach

  Method

  Valuation

  Relative Method

  $240,162

  Geo Method

  $343,479

• Alternative Use

  Use

  Valuation

  Residential

  $313,482

  Hospitality

  $287,148

  Educational

  $238,904

  Medical

  $247,120

  Retail

  $371,628

Location Insight

City

Candor

County

Tioga

State

New York

Latitude

42.2344

Longitude

-76.3355

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].