174 Marjorie Lane, Middleburgh, NY 12122
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174 Marjorie Lane, Middleburgh, NY 12122
174 Marjorie Lane, Middleburgh, NY 12122
174 Marjorie Lane, Middleburgh, NY 12122
174 Marjorie Lane, Middleburgh, NY 12122
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Listed by Rudy R Lynch • Carrow Real Estate Services LLC
$ 2,750,000
Est. payment /mo
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Active

174 Marjorie Lane Middleburgh, NY 12122

24,002 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 24,002 sqft

Price per Sqft $114

MLS Listing ID 202529232

Year Built 2018

Annual Tax Amount $20,487

Lot Size 4.000 Acres

Acres 4.0

Lot Dimensions 555' x 427'

Property Sub-Type Retail

Source Global MLS

Property Description

Grocery-anchored multi-tenant retail plaza for sale - Middleburgh Meadows Plaza, 174 Marjorie Lane, Middleburgh, NY - offered at $2,750,000 ($114 PSF) with a 7.21% 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

Zoning Commercial

Direction 174 Marjorie Lane, Middleburgh, NY 12122

Interior

Heating Forced Air

Inclusions Building & Land

Exterior

Roof Type Rubber

Building

Sewer Septic Tank

Water Public

New Construction No

Others

Tax ID 433801 106.7-2-2

Special Listing Condition Standard

Samantha Kettlewood
Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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174 Marjorie Lane