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174 Marjorie Lane, Middleburgh, NY 12122

$2,950,000.00
  • 174 Marjorie Lane, Middleburgh, NY 12122 Main Photo

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Active
SQUARE FEET24,002 MLS#202501255
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

Grocery-anchored multi-tenant retail plaza for sale - Middleburgh Meadows Plaza, 174 Marjorie Lane, Middleburgh, NY - offered at $2,950,000 ($122.91 PSF) with a 6.72% cap rate. Built in 2018, this modern two-building center totals 24,002 SF on 4.00+/- acres with 120 parking spaces (5:1 ratio). NNN leases with annual increases provide stable income and minimal management. Anchored by a regional grocery tenant and adjacent to new residential development. Municipal water, private septic, 4,703 AADT. Excellent investment opportunity in a growing market.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Forced Air
Home Style: Retail
Lot Size: 4 Acres
Roof Type: Flat
Stories: 1.0
Taxes: $20,487
Year Built: 2018

Feature Descriptions

Building Ceiling Height: 12
Current Use: Shopping Center
Days on Site: 125
Exterior: Block, Steel Frame
Lot Dimensions: 0
Parking Spaces: 120
possible Use: Office/Retail, Fitness/Gym, Convenience Store, Medical/Dental, Shopping Center, Restaurant, Retail
Sewer: Septic Tank
Water: Public

Listed By / Shown By

Listing By

Agency Name: Carrow Real Estate Services
Agency Phone: (518) 462-7491

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