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Downtown Storefront Unit
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13-21 E 3rd St Unit 104, Jamestown, NY 14701

Two display windows support retail merchandising in this commercial unit.

Property Size1,430 SF
Price / SF$0.00
Days on Market98

Property Features for 13-21 E 3rd St Unit 104

General Information

Standard status Active
Size 1,430 SF

Additional Details

Utilities to Site Yes
Listing Agency: Century 21 Turner Brokers
Listed By: Daniel Terhune · License #10301217717
Source: Nicholcityrealty
Added: Jul 11 Changed: Oct 7 Last Checked: Oct 14 at 10:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Turner Brokers

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Investment Insights

Based on property information with market context.

Unit 104 at Willow Bay Commerce Center provides 1,430 square feet for storefront or office use. The space includes two windows suitable for displaying merchandise, with a configuration that can accommodate either customer-facing retail or office operations.

Located at 13-21 E 3rd St in downtown Jamestown, the unit has separate utility meters, with utilities paid directly by the tenant. Its storefront presentation and adaptable commercial layout support a range of business formats.

Key Highlights

  • 1,430‑square‑foot Unit 104 at Willow Bay Commerce Center
  • Two windows provide display space for merchandise
  • Suitable for storefront or office use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,550
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,000 $351.0K
Cap Rate 7%
$250,714 $250.7K
Cap Rate 9%
$195,000 $195.0K
Market Conditions
NOI Build-Up for 1,430 SF
Gross rent
$25.7K $18.00/SF
− Vacancy
−$669 −$0.47/SF
EGI
$25.1K $17.53/SF
− OpEx
−$7.5K −$5.26/SF
NOI
$17.5K $12.27/SF
Area
Chautauqua County, NY
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,000
Cap Rate 7%
$250,714
Cap Rate 9%
$195,000

Alternative Uses

Best Use
Retail
$250.7K
$219.4K – $292.5K (±1% cap)
NOI $17,550 @ 7.0% cap · market cap 292,500.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$428.0K
$374.5K – $499.4K (±1% cap)
NOI $29,961 @ 7.0% cap · market cap 499,350.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service HVAC Service Cafe & Coffee Shop Carpet & Flooring Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,759
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 34% Dining 31% Shops & Services 24% Hotels & Casinos 10%
Big Lots Superstores
21,818 visits/mo 0.3 miles
Tim Hortons Dining
19,608 visits/mo 0.3 miles
7-Eleven Shops & Services
8,015 visits/mo 0.2 miles
KeyBank Shops & Services
4,636 visits/mo 0.2 miles
DoubleTree by Hilton Jamestown Hotels & Casinos
3,578 visits/mo 0.2 miles

Demographics for 14701, NY

38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • PattyAnne's Petals and Party Goods — 100 W 3rd St, Jamestown, NY 14701
  • It’s Your Day, Inc — 38 N Main St, Jamestown, NY 14701

Frequently Asked Questions

What type of property is this?
Storefront property - Two display windows support retail merchandising in this commercial unit.
Where is this storefront property located?
The property is located at 13-21 E 3rd St Unit 104 Jamestown, NY.
What are key features of this property?
This property features: 1,430‑square‑foot Unit 104 at Willow Bay Commerce Center; Two windows provide display space for merchandise; Suitable for storefront or office use
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