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    121 Willard St Jamestown, NY 14701

    For Sale
    $54,900

    Mixed-use building featuring commercial space and an upstairs apartment.

    Lot size:
    0.04 Acres

    Property Features for 121 Willard St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1895

    Source: Real Estate Advantage Agent Julia McMahon

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

    Overview

    Mixed-Use Building with Commercial Space

    This longtime family-owned mixed-use building presents a solid history and potential. The first floor features commercial space, and the upstairs contains an apartment with a long-term tenant of 5+ years. The current owner has operated a driving school from the commercial space for decades and is now retiring. The property offers flexibility and opportunity for various uses. An adjoining vacant lot is available separately, suitable for added parking or expansion. The main level could be converted into additional residential space. The driving school is separate from the real estate.
    Insight Report Location Intelligence

    Current Use by Public Records

    AAdvance Driver Training, ... Driving School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.2242995
    Latitude
    42.0976008

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building featuring commercial space and an upstairs apartment.
    Where is this mixed-use property located?
    The property is located at 121 Willard St Jamestown, NY.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: - Established mixed-use building with commercial space and residential apartment.; - Long-term tenant in upstairs apartment (5+ years).; - **First-floor commercial space suitable for business venture or conversion.**
    (716) 485-3202
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    121 Willard 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
    121 Willard St Jamestown, NY 14701
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