Listing Courtesy of: Joseph Avery - RE/MAX Titanium LLC
585-395-9574
$165,000
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306 E Center St Medina, NY 14103
General Commercial
Residence
Beds
Baths
...
Bed/Bath
2,209
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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!
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MLS#
R1571029
Property Type
General Commercial
Year Built
1960
Square Feet
2,209
sq. ft
Lot Size
0.3
Sewer
Sewer Connected
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