306 E Center St Medina, NY 14103
For Sale
1 / 5
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.
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Upstate Bottle Return | Medina Recycling Center Waste Management Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Medina, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.