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Property at 306 E Center Street, Ridgeway, NY 14103
ACTIVE
0
$165,000

306 E Center StreetRidgeway, NY, 14103

2,209 SqFt0.2977 Acres
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.

Est. Monthly

$782/MO

$165,000

306 E Center Street, Ridgeway, NY

2,209 SqFt0.2977 Acres

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.

StatusActive
Property TypeCommercial Sale
Property Subtype—
Year Built1960
Days on Market238 days

Est. Monthly Payment

$782.10

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

306 E Center Street

Ridgeway, NY 14103 • Orleans
—
Beds
—
Baths
2,209
SqFt
0.2977
Acres
Status
Active
Property Type
Commercial Sale
Property Subtype
—
Year Built
196066 years ago
Days on Market
238 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $2,761
Property History
  • Listed for sale
    Oct 17, 2025 • NYSAMLS • R1643612
    $165,000
Mortgage Calculator
Estimated monthly payment for this property
$782.10
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1643612
  • Listing Office
    RE/MAX Titanium LLC
  • Last Updated
    225 days ago

Climate & Systems

  • Heating
    • Heat Pump
    • Other
    • See Remarks
    • Zoned

Interior Features

  • Flooring
    • Linoleum
    • Vinyl
  • Basement
    None

Parking

  • Parking Features
    • On Site
    • Surfaced
  • Parking Spaces
    7

Lot & Grounds

  • Lot Size
    0.2977 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot

Type

  • Property Type
    Commercial Sale

Structure

  • Construction
    Wood Siding
  • Roof
    • Asphalt
    • Other
    • See Remarks

Condition

  • Year Built
    1960
  • Condition
    Resale
  • Days on Market
    238 days
  • Water
    Public
  • Sewer
    Public Sewer
  • Utilities
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

CallEmail
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