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701 E Franklin St 2.64 Acres of Commercial Land Online Auction Sale Endicott, NY 13760
Investment Highlights
- Located near Endicott’s downtown district, this 2.64-acre parcel of undeveloped land presents an exceptional opportunity for buyers.
- Located near downtown, this area offers a charming small-town vibe with convenient access to Dunkin’, Price Shopper, CVS, Cup O’ Jo Café, and more.
- Sign the confidentiality agreement to see the Data Room for the conceptual Planned Unit Development (PUD) and layout and density guidance.
- Endicott is currently experiencing increased demand for new housing, attributable to the expansion of operations at Huron Campus and BAE Systems.
- Endicott presents an excellent opportunity for development, given its proximity to Binghamton, which is home to Binghamton University.
- Absolute auction | Starting bid $1.
Executive Summary
701 E Franklin Street is a premier opportunity in the heart of Endicott for investors and developers seeking land ready for development.
701 E Franklin Street offers a rare opportunity in Endicott. The property rings in at an impressive 2.64 acres perfectly positioned for residential or mixed-use development within a thriving community. Completely undeveloped, the property offers unmatched flexibility and a clean slate for innovative projects, whether starting with a custom vision or leveraging the included conceptual PUD plan for layout and density guidance. Its size, location, and development potential make it an exceptional investment in an area experiencing robust growth and demand.
Strategically positioned within Endicott, this property offers a rare blend of privacy and accessibility, making it a compelling investment for developers and investors. Residents will enjoy a tranquil, park-like environment while benefiting from immediate proximity to the vibrant downtown and major employment hubs such as IBM Endicott, Huron Campus, and BAE Systems. Seamless access to New York State Route 17 (Interstate 86) enhances connectivity. The location boasts an impressive roster of national retailers including McDonald’s, Walgreens, AutoZone Auto Parts, and Domino’s, alongside celebrated local establishments like Joey’s, Villa Thai, El Coco Mexican Bar & Grill, and Close Quarters. Endicott’s walkable village atmosphere along the Susquehanna River, featuring local icons like the Cider Mill, En-Joie Golf Course, and antique carousels, further elevates its appeal. Just 6 miles from Binghamton University, the property offers residents, and future tenants, unmatched access.
701 E Franklin Street stands out as a prime development opportunity in Endicott, combining ideal location, flexible potential, and strong community amenities to attract both residents and investors.
Property tours are available by appointment only. Please contact the listing broker to schedule.
701 E Franklin Street offers a rare opportunity in Endicott. The property rings in at an impressive 2.64 acres perfectly positioned for residential or mixed-use development within a thriving community. Completely undeveloped, the property offers unmatched flexibility and a clean slate for innovative projects, whether starting with a custom vision or leveraging the included conceptual PUD plan for layout and density guidance. Its size, location, and development potential make it an exceptional investment in an area experiencing robust growth and demand.
Strategically positioned within Endicott, this property offers a rare blend of privacy and accessibility, making it a compelling investment for developers and investors. Residents will enjoy a tranquil, park-like environment while benefiting from immediate proximity to the vibrant downtown and major employment hubs such as IBM Endicott, Huron Campus, and BAE Systems. Seamless access to New York State Route 17 (Interstate 86) enhances connectivity. The location boasts an impressive roster of national retailers including McDonald’s, Walgreens, AutoZone Auto Parts, and Domino’s, alongside celebrated local establishments like Joey’s, Villa Thai, El Coco Mexican Bar & Grill, and Close Quarters. Endicott’s walkable village atmosphere along the Susquehanna River, featuring local icons like the Cider Mill, En-Joie Golf Course, and antique carousels, further elevates its appeal. Just 6 miles from Binghamton University, the property offers residents, and future tenants, unmatched access.
701 E Franklin Street stands out as a prime development opportunity in Endicott, combining ideal location, flexible potential, and strong community amenities to attract both residents and investors.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Purchase Agreement
- Market Information
- Offering Memorandum
Property Facts
| Property Type | Land | Total Lot Size | 2.64 AC |
| Property Subtype | Commercial | Sale Condition | Auction Sale |
| Sale Type | Investment | Type of Ownership | Fee Simple |
| Zoning | UTF - Urban Transition Farm | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Sale Type | Investment |
| Total Lot Size | 2.64 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Zoning | UTF - Urban Transition Farm |
1 Lot Available
Lot
| Lot Size | 2.64 AC | Parcel Number | 034601-157-009-0003-006-000-0000 |
| Lot Size | 2.64 AC |
| Parcel Number | 034601-157-009-0003-006-000-0000 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Somewhat bikeable
30/100
Sale Advisors
Sale Advisors
Scott Warren, CCIM, CRE Team Lic. RE Salesperson, Member NYSCAR
Scott has had a great career in sales and marketing. Scott began a financial services career in 1986. After several years as an agent, field manager, and district manager, he began as a regional sales director for Columbian Mutual Life Insurance Company. He started with the territory of upstate NY and eventually was in charge of the entire Northeast. He then, at a young age, moved into a Corporate Executive position and prior to leaving the company in 2005 was the Second Vice President of Agency Development, handling all home office management for three sales divisions and approximately 16,000 agents. Much of the growth of Columbian Life Insurance Company can be attributed to Scott’s sales and marketing efforts. Scott then began an independent marketing organization, Niche Market Insurers. With the help and much credit going to his two partners, Scott built an independent marketing organization from scratch to one with a nationwide footprint of 7,000 agents and over $5 million dollars a year in new annual premium. This gave Scott a very solid foundation for Investment analysis as well as in sales and marketing. Scott sold his share of the marketing organization to fully involve himself in the commercial real estate field. Starting his career with Pyramid Brokerage Company/Cushman and Wakefield in a very short time Scott made an immediate impact in the Binghamton Market. Scott has been involved in the sale of commercial buildings, a number of investment-based sales, redevelopment projects, and most notably the sale of the Grand Royal Hotel in Downtown Binghamton. Scott currently represents some of the area’s largest investors and developers. Scott has earned certificates through the CCIM Institute in foundations in commercial real estate, financial analysis, reliable valuations, 1031 exchange, and negotiations. Scott is also currently enrolled in and working towards a certificate in commercial real estate from the prestigious Cornell University’s SC Johnson School of business.
Coty Lunn, licensed real estate salesperson
Coty Lunn is an esteemed licensed commercial real estate salesperson with SVN® Innovative Commercial Advisors. With a career spanning over 7 years, Coty's commitment to excellence and dedication to his clients have resulted in an impressive portfolio of 300+ successful real estate transactions.
Hailing from the vibrant community of Endicott, Coty possesses an intimate knowledge of the local real estate landscape. His deep roots in the area not only make him a trusted advisor but also reflect his unwavering commitment to serving the needs of his community.
A true connoisseur of real estate, Coty's passion for personal and professional investment has been a lifelong focus. He boasts a remarkable portfolio of three personal properties, a testament to his dedication to the industry. Whether you're a first-time buyer or a seasoned investor, Coty's expertise and experience will guide you toward making informed decisions.
In his spare time, Coty combines his personal and professional interests by immersing himself in the world of drone videography and photography. By capturing stunning aerial views of properties and neighborhoods, he offers a unique perspective that adds value to his clients' real estate experiences.
Coty's diverse background includes a degree in criminal justice, a testament to his commitment to ethics and integrity. This foundation enriches his real estate practice, allowing him to approach transactions with a keen sense of fairness and justice.
In conclusion, Coty Lunn is not just a real estate agent; he's your trusted partner on your real estate journey. With a track record of 200+ transactions, local expertise, and a passion for personal and professional investment, Coty is the professional you can rely on. His commitment to responsiveness, information, and integrity, combined with his unique hobby and educational background, sets him apart as a standout commercial real estate salesperson.
Hailing from the vibrant community of Endicott, Coty possesses an intimate knowledge of the local real estate landscape. His deep roots in the area not only make him a trusted advisor but also reflect his unwavering commitment to serving the needs of his community.
A true connoisseur of real estate, Coty's passion for personal and professional investment has been a lifelong focus. He boasts a remarkable portfolio of three personal properties, a testament to his dedication to the industry. Whether you're a first-time buyer or a seasoned investor, Coty's expertise and experience will guide you toward making informed decisions.
In his spare time, Coty combines his personal and professional interests by immersing himself in the world of drone videography and photography. By capturing stunning aerial views of properties and neighborhoods, he offers a unique perspective that adds value to his clients' real estate experiences.
Coty's diverse background includes a degree in criminal justice, a testament to his commitment to ethics and integrity. This foundation enriches his real estate practice, allowing him to approach transactions with a keen sense of fairness and justice.
In conclusion, Coty Lunn is not just a real estate agent; he's your trusted partner on your real estate journey. With a track record of 200+ transactions, local expertise, and a passion for personal and professional investment, Coty is the professional you can rely on. His commitment to responsiveness, information, and integrity, combined with his unique hobby and educational background, sets him apart as a standout commercial real estate salesperson.
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Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Kevin Loudy
Contact
Auctioneer License:
Ten-X, Inc. Vibhav Kapila RE Brkr 10991231490
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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701 E Franklin St
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