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$ 2,950,000
Est. payment /mo
Active
174 Marjorie LN Middleburgh, NY 12122
4 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202501255
Year Built 2018
Annual Tax Amount $20,487
Lot Size 4.000 Acres
Property Sub-Type 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.
Location
State NY
County Schoharie
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N Yes
View Mountain(s), Rural
Roof Type Flat
Building
Story 1
Sewer Septic Tank
Water Public
New Construction No
Listed by Carrow Real Estate Services
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