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2211 Route 112, Medford, NY 11763

$1,050,000

  • For Sale
  • Active
  • Commercial
2211 Route 112, Medford, NY 11763View this property at 2211 Route 112, Medford, NY 11763
2211 Route 112MedfordNY11763

Property Description

Investment Property With Long Term Stable Market Tenant. Nnn Existing 6.5% Cap Rate. No Deferred Maintenance. Annual Increases Of 3% Or Greater. Zero Landlord Responsibilities. 15+ Year Tenant. New 5 Yr Plus Lease/5 Option. Zoned J-2 With J-4 Covenants. Brick Fortress. 30,000 Cars Per Day. N.O.I. $364,068. Priced Below Construction Cost. Possible Owner Financing!

Full Property Details for 2211 Route 112

General

  • Price: $1,050,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 2899404
  • Updated: 1/27/2018
  • Added: 451 day(s) ago

Property History

  • 2211 Route 112, Medford, NY
  • Reduced to $1,050,000 on 4/25/17
  • Listed at $1,075,000 on 12/1/16

Business

  • Business Type: Income Property
  • Inventory Included: N

Location

  • County: Suffolk

School Information

  • School District: Longwood

Heating & Cooling

  • Cooling Type: A/C: Cac

Structural Information

  • Construction: Brick
  • Foundation Size: 3600
  • Ceiling Height: 12
  • Disability Access: Bathroom
  • Stories/Levels: 1
  • Stories Description: 1
  • Square Feet: 3,600
  • Year Built: 1984

Unit Information

  • Units in Building: 1

Lot Features

  • Lot Size (Sq. Ft.): 26,136
  • Lot Size: 0X0
  • Zoning: J-2

Disclosures and Reports

  • Block/Lot/Section: Commercial Corridor

Listed by Hampton Estates Realty LLC

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Schools

Schools serving 2211 Route 112

School District:
Patchogue-Medford Union Free School District
School Name
Grades
Distance
Patchogue-Medford High School
181 Buffalo Ave, Medford, NY 11763
9-12
0.7 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 2211 Route 112

2211 Route 112, Medford, NY 11763 (MLS# 2899404) is a Commercial property. 2211 Route 112 is currently listed for $1,050,000 and was received on December 01, 2016. Want to learn more about 2211 Route 112? Do you have questions about finding other Commercial real estate for sale in Medford? You can browse all Medford real estate or contact a Coldwell Banker agent to request more information.

Listed by Hampton Estates Realty LLC

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