29 Adams Ave - Office FOR SALE


Endicott, NY 13760
$1,100,000 USD
607-343-3232
29 Adams Ave, Endicott, NY for Sale
$1,100,000 USD
Office - FOR SALE
1/6
null | 11.25% Cap Rate

29 Adams Ave
Endicott, NY 13760


HIGHLIGHTS

  • Fully leased office complex generating income under a modified NNN lease.
  • Conveniently located in central Endicott with easy access to NY State Route 86.
  • Positioned within an Opportunity/Hub Zone, offering potential tax incentives.
  • On-site parking available on both sides of the building for tenant convenience.
  • Offered at $1,345,000 with a 9.2% capitalization rate, providing strong investment value.
  • 9,810 SF building situated on a 0.07-acre parcel in a well-established business area.

OVERVIEW

This fully leased office complex at 29-31 Adams Avenue in Endicott, NY offers an attractive investment opportunity with a strong income stream. The property spans 9,810 square feet and is situated on a 0.07-acre parcel in the heart of Endicott, providing convenient access to NY State Route 86 and surrounding amenities. Currently operating under a modified NNN lease structure, the asset delivers stable cash flow and reduced landlord responsibilities, making it a low-maintenance investment. The property is located within an Opportunity/Hub Zone, offering potential tax advantages for qualifying investors. With parking available on both sides of the building, the site accommodates tenant and visitor needs efficiently. Priced at $1,345,000 with a 9.2% cap rate, this offering combines affordability with strong returns in a market that benefits from steady demand for professional office space.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

11.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

29 Adams Avenue

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

V-Endicott

APN/PARCEL ID

034601-157-007-0002-025-000-0000

ASK ABOUT THIS PROPERTY

Justin MarchuskaMarchuska Brothers Construction, LLCMore Info
607-343-3232

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

Justin MarchuskaMarchuska Brothers Construction, LLCMore Info
607-343-3232

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