306 E Center Street, Medina, NY 14103

5 Total Photos [Click to View All]

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.

306 E Center Street | MLS# R1643612

This commercial property located at 306 E Center Street, Medina, NY 14103 is currently listed for sale with an asking price of $165,000. E Center Street is located within the Medina school district. Search Medina real estate on www.timberlandproperties.com today.

Gallery

Property Features

Property Type: Commercial - Business
Basement: None
Cooling: Heat Pump, Zoned, Central Air
Heating: Heat Pump, Other, See Remarks, Zoned
Lot Size: 0.30 Acres
Roof Type: Asphalt, Other, See Remarks
Stories: 1.0
Taxes: $2,761
Year Built: 1960

Feature Descriptions

Days on Site: 247
Exterior: Wood Siding
Flooring: Linoleum, Vinyl
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 82X158
Parcel#: 343401-080-009-0001-051-011
Parking: On Site, Surfaced
Parking Notes: On Site, Surfaced
Sewer: Public Sewer
Utilities: Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Medina

Demographics

Listed By / Shown By

Listing By

Agency Name: RE/MAX Titanium LLC
Agency Phone: 585-395-9574

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

IDX logo

Login to My Homefinder

Pixel