$165,000

306 East Center Street, Ridgeway, NY 14103

  • 2,209 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $75/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

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.

Listing Status:
Active
Date Added:
October 17, 2025 at 05:00AM
Listing Office:
RE/MAX Titanium LLC : 585-395-9574
Listing Agent:
Joseph Andrew Avery : 585-395-9574
MLS ID:
R1643612
  • Basement: None
  • Flooring: LinoleumVinyl
  • A/C: Heat PumpZonedCentral Air
  • Heating: Heat PumpOtherSee RemarksZoned
  • Fireplace: Fireplaces: 0
  • Parking: On SiteSurfacedParking spaces: 7
  • Roofing: AsphaltOtherSee Remarks
  • General: Wood Siding1
  • Originating MLS: NYS_R
  • School District: Medina
  • County: Orleans
  • Zoning: 07343401-080-009-0001-051-011
  • Utilities: Sewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: NYS_R

This listing courtesy of Joseph Andrew Avery, RE/MAX Titanium LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

O

Oak Orchard School

335 W Oak Orchard St, Medina, NY, 14103

Grades PK-3

0.72 miles away

C

Clifford Wise Intermediate/Middle School

1016 Gwinn St, Medina, NY, 14103

Grades 4-7

0.80 miles away

M

Medina High School

2 Mustang Dr, Medina, NY, 14103

Grades 8-12

0.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.