207 Main StEndicott, NY 13760

Property Details for 207 Main St

Year built

1980

Lot size

0.47 AC

Property size (Sq ft)

2,583 SF

Zone code

GC

Property type

Retail properties

Property subtype

Drive through restaurants

APN

034601 157.13-1-39

APU

3460115713139

Description

This vacant 2,538-square-foot restaurant building is available for sale at $425,000. Located at 207 E Main St, Endicott, NY 13760, this single-tenant property sits on a 0.47-acre lot and boasts 16 parking spaces. Built in 1980, the building enjoys a high-traffic corner location at a signalized intersection, offering excellent visibility with pylon signage. The property benefits from easy access to the parking lot from both S. Loder Ave. and E. Main St. With approximately 25,000 vehicles passing daily on E. Main St., this location offers significant potential. The property features 145 feet of frontage on E. Main St. and 159 feet on S. Loder Ave. It's situated within the Binghamton MSA, a market of approximately 250,000 people, and enjoys the added benefit of a new Byrne Dairy across the street. This property presents a compelling opportunity for a restaurant or similar retail business seeking a high-visibility location with ample parking in a thriving community. The Broome County location provides access to a strong local market.

• CAP approach

  CAP return

  Valuation

  6%

  $609,904

  6.5%

  $562,988

  7%

  $522,775

• Comparable approach

  Method

  Valuation

  Relative Method

  $575,452

  Geo Method

  $850,487

• Alternative Use

  Use

  Valuation

  Residential

  $474,902

  Hospitality

  $435,007

  Educational

  $361,921

  Medical

  $374,368

  Retail

  $562,988

Location Insight

City

Endicott

County

Broome

State

New York

Latitude

42.0953

Longitude

-76.063

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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