2 Washington Ave Endicott, NY 13760

This commercial real estate mixed use building is located within a Federal Opportunity Zone brimming with potential. With Endicott boasting a rich history as the birthplace of IBM and recent announcements of a Battery Manufacturer and Solar Manufacturer, the area's trajectory is clear. Moreover, a $...160M research and development grant, alongside recognition as one of the 32 Technology hubs by the Biden Administration, underscores its promising future. Currently, 7 out of 8 apartments are rented and there is one vacant retail space. The other retail space will soon become home to a new 2000 sq ft coffee shop with a signed 7-year lease that includes incremental rent increases, presenting a stable income stream. With separate utilities and a strategic location, this investment promises not just returns, but a stake in Endicott's flourishing commercial market. Additional property information can be found on brokerage website: https://www.svninnovative.com/properties Continue reading