Storefront with Rear
21 Unit #105 E 3rd Street, Jamestown, NY 14701
For Sale
New
Contact for pricing
The unfinished interior offers flexibility to configure the front and rear areas to suit a range of layouts.
Property Size5,649 SF
Price / SF$0.00
Days on Market1
Property Features for 21 Unit #105 E 3rd Street
General Information
Standard status
Size
Listing Agency:
Century 21 Turner Brokers
(716) 763-7506
Listed By:
Daniel Terhune · License NY #10301217717
(716) 969-1702
Source:
Nicholcityrealty
Added: Nov 12
Last Checked: Nov 12 at 2:15PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 21 Unit #105 E 3rd Street in Jamestown, this storefront property includes 1,732 square feet at the front and an additional 3,917 square feet behind it, for 5,649 square feet in total. The interior is unfinished, allowing the two areas to be arranged in a variety of configurations.
The property can accommodate different divisions between the storefront and rear space. Its existing layout provides both street-facing area and a substantial section behind it.
The property can accommodate different divisions between the storefront and rear space. Its existing layout provides both street-facing area and a substantial section behind it.
Key Highlights
- 5,649 square feet total, including 1,732 square feet at the front and 3,917 square feet at the rear
- Unfinished interior with flexible division options
- Located at 21 Unit #105 E 3rd Street in Jamestown, NY
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,327
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,540
$1.4M
Cap Rate 7%
$990,386
$990.4K
Cap Rate 9%
$770,300
$770.3K
Market Conditions
NOI Build-Up for 5,649 SF
Gross rent
$101.7K $18.00/SF
− Vacancy
−$2.6K −$0.47/SF
EGI
$99.0K $17.53/SF
− OpEx
−$29.7K −$5.26/SF
NOI
$69.3K $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%
$1,386,540
Cap Rate 7%
$990,386
Cap Rate 9%
$770,300
Alternative Uses
Best Use
Retail
$990.4K
$866.6K – $1.16M
NOI $69,327 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,358 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,759
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$98,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Jamestown, NY
Properties on Market for Storefront properties in Jamestown
Vacancy Rate% for Retail in Northeast region
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 - The unfinished interior offers flexibility to configure the front and rear areas to suit a range of layouts.
Where is this storefront property located?
The property is located at 21 Unit #105 E 3rd Street Jamestown, NY.
What are key features of this property?
This property features: 5,649 square feet total, including 1,732 square feet at the front and 3,917 square feet at the rear; Unfinished interior with flexible division options; Located at 21 Unit #105 E 3rd Street in Jamestown, NY
