Commercial Real Estate in Endicott, NY: Local Trends and Hotspots

April 11th, 2025

By James Lucenti, Licensed Real Estate Salesperson

Endicott, New York, is a village with a storied industrial heritage and a promising future. Nestled in the heart of the Southern Tier, Endicott blends small-town charm with exciting revitalization. Known as the birthplace of International Business Machines Corporation (IBM) and the Endicott Johnson Corporation, Endicott has been a significant player in the manufacturing sector. Today, the village is experiencing a renaissance, driven by new developments in clean energy and technology.

The ongoing development adds value to the community and creates new opportunities for residents, investors, and entrepreneurs. Now’s the time to experience — or invest in — everything Endicott has to offer.

• Local Flavor — Restaurants You’ll Love:

  From classic Italian eateries to cozy cafés and trendy bistros, Endicott's food scene is full of hidden gems. Whether you're craving a wood-fired pizza, homemade pasta, or locally roasted coffee, Washington Ave and surrounding neighborhoods are filled with must-try spots.

  
  

• Unique Shops & Local Finds:

  Support small businesses and explore Endicott’s charming boutiques, antique stores, and specialty shops. Whether you're after vintage treasures, handmade goods, or stylish home décor, there's something for every shopper.

• Washington Avenue Revitalization:

  Washington Ave is getting a bold new look. With new mixed-use developments, streetscape improvements, and increased investment from the local business community, this historic stretch is becoming a vibrant destination for both locals and visitors.

  
  

Emerging Developments Fueling Growth

Building upon its rich industrial past, Endicott is embracing new developments that promise economic revitalization:

• Ubiquity Solar Inc.: This Canadian firm plans to invest $61 million to establish U.S. manufacturing operations at the former IBM Huron Campus. The project aims to repurpose 800,000 square feet of vacant space and create up to 150 new jobs in the village. Ubiquity Solar focuses on producing high-efficiency photovoltaic products, contributing to the region's growing clean energy sector. 

  
  

• BAE Systems Expansion: BAE Systems has announced a $65 million expansion in the Southern Tier, focusing on next-generation battery innovation. This initiative is anticipated to bolster the region's reputation as a center for clean-energy technology and create additional employment opportunities. 

  
  

• Solar Energy Projects: A proposed $8 million solar array project northwest of Endicott aims to further diversify the village's energy portfolio. The 5-megawatt solar farm is expected to enhance local renewable energy capabilities and support sustainability efforts. 

  
  

• Endicott's IBM Building Demolition and New Development: Demolition of the former IBM campus in Endicott began in late 2024, clearing 600,000 square feet of outdated structures to create a 10-acre site for future industrial and manufacturing use. The project, funded by $6 million from New York State and $2 million from Broome County’s COVID relief funds, is expected to finish by spring 2025. The demolition has uncovered the historic 1904 Bundy Manufacturing Company building, the precursor to IBM. The cleared land will spur economic growth, with plans for potential residential projects, including apartments in existing buildings like the "Clock Tower" and cafeteria.

  
  

Investment Opportunities with SVN Innovative Commercial Advisors

SVN Innovative Commercial Advisors, a prominent player in the local real estate market, offers several compelling investment opportunities in Endicott:

• 1104 Monroe Avenue: This multifamily property comprises six units: three one-bedroom, one two-bedroom, and one four-bedroom unit. Listed at $330,000, the property is located within a Federal Opportunity Zone, offering potential tax incentives. Its proximity to Washington Avenue, BAE Systems, and the Huron Campus enhances its strategic appeal. The property shows strong cash flow and future upside potential. Click here for more information!

  
  

• 1706 Tracy Street: This property features two buildings with a total of six units, including two three-bedroom units, a newly renovated two-bedroom unit, and three one-bedroom units. Each unit has separate utilities, facilitating ease of management. Located within walking distance of Washington Avenue and the Huron Campus, this complex is listed at $525,000 and presents a substantial investment opportunity in a growing area. Click here for more information!

  
  

• 26 Madison Avenue: Offered at $169,900, this 1,938-square-foot retail building, built in 1980, currently operates as a well-established hair salon and spa. The sellers propose a lease-back option for a minimum of 3-5 years, providing immediate income for investors. The property has been fully remodeled, featuring a new furnace (2023), reverse osmosis water system, municipal electric, and on-site washer and dryer. Its location, just a block from Washington Avenue, adds to its investment potential. Click here for more information!

Endicott's commercial real estate market is on an upward trajectory, bolstered by strategic industrial developments and compelling investment opportunities. The area's rich history, combined with contemporary economic initiatives, positions Endicott as a promising locale for investors and businesses seeking growth in upstate New York.

If you're considering your next move in commercial real estate, don't overlook Endicott. Contact me today to explore how you can capitalize on this momentum and make your investment goals a reality.