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    283 Steele St Jamestown, NY 14701

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    For Sale
    $199,000

    Spacious commercial building with shop area and expansion potential.

    Property size:
    6,824 SF
    Lot size:
    0.30 Acres

    Property Features for 283 Steele St

    General Information

    Size
    6,824 SF
    Lot size
    0.30 Acres

    Source: Century 21 - Turner Brokers | Lakewood Agent Thomas Turner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Jamestown Commercial Building with Expansion

    Located at 289 Steele Street in Jamestown, NY, this commercial building offers a versatile space suitable for various business operations. The property includes a large shop area equipped with 12' overhead doors and overhead heating, making it suitable for storage, workshop activities, or light industrial applications. The first floor features two small offices with electric baseboard heat, suitable for administrative or daily operational tasks. The upper level includes two half bathrooms, a kitchenette, two additional offices, and a large open room heated by an overhead electric unit, providing additional space for meetings, workstations, or break areas. The roof was replaced in 2023, and the hot water heater is six years old. The sale includes an additional parcel measuring approximately 203' x 146', offering potential for extra parking, storage, or future expansion. The property provides potential and space for business ventures.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.2539536
    Latitude
    42.095188

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    FAQs

    What type of property is this?
    Retail property - Spacious commercial building with shop area and expansion potential.
    Where is this retail property located?
    The property is located at 283 Steele St Jamestown, NY.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Large shop area with 12' overhead doors and overhead heat, ideal for storage, workshop, or light industrial use.; - Additional parcel (203' x 146') included, suitable for extra parking, storage, or future expansion.; - Roof replaced in 2023.
    (716) 640-3912
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    283 Steele St Jamestown, NY 14701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    283 Steele St Jamestown, NY 14701
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