Homes for sale - 306 E Center ST, Medina, NY 14103

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Apr

Fri

Apr

Sat

Apr

Jason Dugo

jason@dugorealty.com +1(518) 205-9555

$ 165,000

Est. payment | -/mo

2,209 SqFt

Save

$ 165,000

Est. payment | -/mo

Save

2,209 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,209 sqft

Price per Sqft $74

MLS Listing ID R1571029

Construction Status Existing

HOA Y/N No

Year Built 1960

Annual Tax Amount $2,761

Lot Size 0.298 Acres

Acres 0.2977

Lot Dimensions 82X158

Property Sub-Type Commercial

Property Description

This 2,209 sq. ft. commercial property with an additional garage for storage offers a unique investment opportunity with a 10% cap rate. Located on one of the busiest roads in the Village of Medina, near the high-traffic intersection of East Center and Main, this property enjoys excellent visibility with a daily traffic count of 3,044. Currently occupied by the building owner, who wishes to sell the property and lease it back, this property ensures a stable and hassle-free income stream for potential investors. The building owner is prepared to sign a Triple Net (NNN) Lease at $1,500 per month. Flexible lease options include a 10-year lease or a 5-year lease with two additional 5-year renewal options, offering versatility and long-term stability. With its prime location and consistent foot and vehicle traffic, this property is ideally positioned to attract attention and generate reliable returns. Don’t miss this chance to secure a long-term tenant in a highly visible area of Medina. Contact us today for more information!

Location

State NY

County Orleans

Area Medina Village-Ridgeway-343401

Zoning commerical

Rooms

Basement None

Interior

Heating Heat Pump, Other, See Remarks, Zoned

Cooling Heat Pump, Zoned, Central Air

Flooring Linoleum, Vinyl

Inclusions Building Only

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt,Other,See Remarks

Total Parking Spaces 7

Building

Lot Description Rectangular

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Wood Siding

Construction Status Existing

Schools

School District Medina

Others

Tax ID 343401-080-009-0001-051-011

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by RE/MAX Titanium LLC

+1(518) 205-9555

jason@dugorealty.com

110 Partition Street, Saugerties, NY, 12477, United States

306 E Center ST Medina, NY 14103