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    306 E Center St Medina, NY 14103

    For Sale
    $165,000

    2,209 SF commercial property with high visibility and income potential.

    Lot size:
    0.30 Acres

    Property Features for 306 E Center St

    General Information

    Lot size
    0.30 Acres

    Building Details

    Year built
    1960

    Source: RE/MAX Titanium LLC Agent Joseph Andrew Avery

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medina Retail Property For Sale

    This commercial property offers 2,209 square feet of space, along with an additional garage for storage. The property is located on one of the busiest roads in the Village of Medina, near the intersection of East Center and Main. The location benefits from a daily traffic count of 3,044, providing excellent visibility. The current building owner wishes to sell the property and lease it back, ensuring a stable income stream for investors. A Triple Net (NNN) Lease at $1,500 per month is available, with flexible lease options including a 10-year lease or a 5-year lease with two additional 5-year renewal options. This property offers a 10% cap rate and is positioned to attract attention and generate reliable returns due to its location and consistent traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Upstate Bottle Return ... Recycling Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medina
    County
    Orleans
    State
    New York
    Longitude
    -78.392625
    Latitude
    43.220688

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    FAQs

    What type of property is this?
    Storefront property - 2,209 SF commercial property with high visibility and income potential.
    Where is this storefront property located?
    The property is located at 306 E Center St Medina, NY.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - 10% Cap Rate: Provides a strong and immediate return on investment.; - Triple Net (NNN) Lease: Offers a hassle-free income stream with minimal landlord responsibilities.; - High-Traffic Location: Situated on a busy road with excellent visibility and a daily traffic count of 3,044.
    (585) 395-9574
    Request Owner's contact information
    306 E Center St Medina, NY 14103
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    Medina, NY 14103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 E Center St Medina, NY 14103
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