Munsell Rd Medford, NY 11980
- Mixed-use properties
- 1,230 SF
Current Use by Public Records
- Mixed-use properties
Property Details for Munsell Rd
- Property size
- 1,230 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in Medford, NY, presents a unique investment opportunity. The 1,230 square foot building, measuring 31 feet by 40 feet, features two 12' x 12' overhead doors, ideal for storage or distribution. The property boasts a substantial 500-amp electrical service, ensuring ample power for various business needs. Climate control is provided by existing heating and air conditioning systems. A recently installed well (less than three years old) provides reliable water supply. A pellet stove is included in the sale. The property also includes a sizable fenced yard, currently generating rental income from several sub-tenants (with 30-day notice for vacancy). Two semi-truck trailers with power are also included in the sale, adding significant value. The property offers considerable additional space that can be utilized by the new owner or leased for further income generation. Low property taxes contribute to the overall financial attractiveness of this investment. This versatile property is perfectly suited for a variety of commercial uses, offering a blend of storage, distribution, and potential rental income streams.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Suffolk County
- State
- New York
- Longitude
- -72.9623
- Latitude
- 40.8168
