Search
1031 Exchange Commercial Property
For Sale
$739,000

501-507 W 3rd Street, Jamestown, NY 14701

COMMERCIAL - Jamestown, NY

Property Size18,076 SF
Lot Size0.28 Acres
Price / SF$40.88
Days on Market9

Property Features for 501-507 W 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning 464
Zoning description Commercial
Parking 6
Lot features Irregular Lot
Elementary school Samuel G Love Elementary
Middle school Persell Middle
High school Jamestown High
Elementary school district Jamestown
Middle school district Jamestown
High school district Jamestown
Subdivision Jamestown-City-060800
Standard status Active
APN 060800-387-039-0003-028-000
Size 18,076 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Annual Amount 19758

Utilities

Sewer type Public Sewer
Water source Public

Amenities

off-street parking

Building Details

Year built 1930
Floors in Building 1
Roof type Flat
Listing Agency: Century 21 Turner Brokers · Century 21 Real Estate
Listed By: Thomas Turner · License #10311200036
Added: Jul 27 Last Checked: Aug 4 at 12:06AM
MLS# R1702038

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial property contains 18,076 square feet on a 0.2755-acre parcel and dates to 1930. The building has a flat roof, off-street parking, public water, and public sewer service. Four long-term tenants currently occupy the property, providing a fully leased configuration for an owner seeking an income-producing commercial asset.

The property is located at 501-507 W 3rd Street in Jamestown, New York, within an established business district near downtown businesses, restaurants, retail, and other attractions. Its West 3rd Street location provides access to one of the city’s primary commercial corridors. Zoning is identified as 464.

Key Highlights

  • 18,076 square feet on 0.2755 acres
  • Four long‑term tenants; property is fully leased
  • Built in 1930 with a flat roof

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Auto Parts Store Cafe & Coffee Shop Storage Facility

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,759
Businesses Nearby
63k
Monthly Visits Nearby

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
1031 exchange property - Fully leased commercial asset with four established tenants, off-street parking, and public water and sewer service.
Where is this 1031 exchange property located?
The property is located at 501-507 W 3rd Street Jamestown, NY.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: 18,076 square feet on 0.2755 acres; Four long‑term tenants; property is fully leased; Built in 1930 with a flat roof
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message