Renovated Office
For Sale
Contact for pricing
4 E 3rd Street, Jamestown, NY 14701
Secure building entry and dedicated employee amenities support day-to-day office operations.
Property Size2,000 SF
Price / SF$1.00
Days on Market39
Property Features for 4 E 3rd Street
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Office
Additional Details
Condition
Move-in Ready
Property Use
Professional Office
Amenities
secure commercial building
separate men's and women's restrooms
employee break area
kitchen area
Building Details
Year Built
1920
Listing Agency:
PropertyMatch USA, LLC
(716) 485-3833
Listed By:
Kristien Olson · License #10491206170
(716) 969-0449
Source:
Prestigefamilyrealty
Added: Sep 26
Changed: Nov 3
Last Checked: Nov 3 at 8:37AM
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 PropertyMatch USA, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,000-square-foot office unit occupies a commercial building constructed in 1920 and features a renovated interior. The layout includes separate men’s and women’s restrooms, a break area, and a kitchen. Secure building access provides controlled entry for occupants and visitors.
The property is in Downtown Jamestown, near businesses, restaurants, government offices, and financial institutions.
The property is in Downtown Jamestown, near businesses, restaurants, government offices, and financial institutions.
Key Highlights
- 2,000‑square‑foot office unit with a renovated interior
- Secure entry in a commercial building built in 1920
- Separate men’s and women’s restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,924
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,480
$618.5K
Cap Rate 7%
$441,771
$441.8K
Cap Rate 9%
$343,600
$343.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$48.0K $24.00/SF
− Vacancy
−$6.8K −$3.38/SF
EGI
$41.2K $20.62/SF
− OpEx
−$10.3K −$5.15/SF
NOI
$30.9K $15.46/SF
Area
Chautauqua County, NY
Vacancy
14.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,480
Cap Rate 7%
$441,771
Cap Rate 9%
$343,600
Alternative Uses
Best Use
Office B
$441.8K
$386.6K – $515.4K
NOI $30,924 @ 7.0% cap · market cap 1,546.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$598.6K
$523.8K – $698.4K
NOI $41,904 @ 7.0% cap · market cap 2,095.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Secure building entry and dedicated employee amenities support day-to-day office operations.
Where is this office unit located?
The property is located at 4 E 3rd Street Jamestown, NY.
What are key features of this property?
This property features: 2,000‑square‑foot office unit with a renovated interior; Secure entry in a commercial building built in 1920; Separate men’s and women’s restrooms
