Ridgeway, NY 14103 306 E Center Street

306 E Center Street Ridgeway, NY - Image 1306 E Center Street Ridgeway, NY - Image 2306 E Center Street Ridgeway, NY - Image 3
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306 E Center Street Ridgeway, NY - Image 4306 E Center Street Ridgeway, NY - Image 5306 E Center Street Ridgeway, NY - Image 6
Presented By: Joseph Andrew Avery with RE/MAX Titanium LLC;
  • MLS# R1571029
  • 11/07/2024
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  • SQFT • 2,209

Home Details

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!
Presented By: Joseph Andrew Avery with RE/MAX Titanium LLC;

Interior Features for 306 E Center Street

Bathrooms

Main Level Bathrooms0
Total Baths

Other Interior Features

Air Conditioning Y/NYes
BasementNone
Basement (Y/N)No
Fireplace Y/NNo
FlooringLinoleum, Vinyl
Heating Y/NYes
Total Fireplaces
Total Stories1

General for 306 E Center Street

Business Nameupstate recycling
Business TypeRecycling
CityRidgeway
Construction MaterialsWoodSiding
CoolingHeatPump, Zoned, CentralAir
CountyOrleans
Elementary School DistrictMedina
Gross Income1800.0
HeatingHeatPump, Other, SeeRemarks, Zoned
High School DistrictMedina
Lease Considered Y/NNo
LevelsOne
Lot Size Square Feet12969.0
Lot Size UnitsAcres
MLS AreaMedina Village-Ridgeway-343401
Middle/Junior School DistrictMedina
Number Of Units Total
PossessionCloseOfEscrow, SubjectToTenantRights
Possible UseOther, Retail
Property ConditionResale
Property Sub Type AdditionalCommercial
Property SubtypeCommercial
Property TypeCommercialSale
RoofAsphalt, Other, SeeRemarks
School DistrictMedina
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount2761.0
Tax Assessed Value55200
Tax Lot51
TaxOtherAnnualAssessmentAmount0.0
TownshipMedina-Village
UtilitiesSewerConnected, WaterConnected
Year Built1960
Year Built DetailsExisting
Zoningcommerical
Zoning DescriptionCommercial

Exterior for 306 E Center Street

Building Area Total2209.0
Gulf-FrontNo
InclusionsBuilding Only
Lot Dimensions82X158
Lot FeaturesRectangular, RectangularLot
Lot Size Acres0.2977
Lot Size Area0.2977
Number of Buildings1
Parking FeaturesOnSite, Surfaced
Total Parking7.0
Water SourcePublic

Additional Details

Price History

Mark Siwiec

CEO
Price $165,000
MLS#R1571029
List Date 11/07/2024
Property Type Commercial
Phone
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Request Info

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