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Property profile & analytics
FOR SALE
Investment properties

306 E Center St Medina, NY 14103

2,209 SF 0.3 ac lot Built 1960
Entity Owned 7-yr Hold Free & Clear
Property ID
US63-4357218
Property summary
AI-generated overview

This exceptional 2,209 square foot commercial property in Medina, NY, presents a compelling investment opportunity. Situated on East Center Street, near the busy intersection of East Center and Main Streets, it benefits from high visibility and significant daily traffic (3,044 vehicles). The property includes a convenient storage garage, adding to its functionality. Currently occupied by the owner, a Triple Net (NNN) lease is available at $1,500 per month, offering a stable income stream. Lease options provide flexibility, with a 10-year lease or a 5-year lease with two 5-year renewal options. This ensures long-term stability and predictable returns for the investor. The 0.3-acre lot provides ample space. The property's prime location and high traffic count make it an attractive investment, promising strong returns and a secure tenant. The 10% capitalization rate further enhances its appeal. This is a rare opportunity to acquire a well-located commercial property with a guaranteed income stream in a thriving Medina business district.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1960
Total area 2,209 SF
Lot 0.3 ac (12,956 SF)
Zoning code 05 - COMMERCIAL
APN 343401 80.9-1-51.11
UPID US63-4357218
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Upstate Bottle Return | Medina Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k
Owner & transaction history
306 East Center St LLC · 7 yrs held
306 East Center St LLC
since 2018
2 recorded transactions
2018
$65,000
2008
$59,000
Zoning & alternative use
05 - COMMERCIAL · Medina, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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