1031 Exchange Property with
For Sale
$739,000
501-507 W 3rd Street, Jamestown, NY 14701
CommercialSale, Jamestown, NY
Property Size18,076 SF
Lot Size0.28 Acres
Price / SF$40.88
Days on Market55
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
(716) 763-7506
Listed By:
Thomas Turner · License #10311200036
(716) 640-3912
Added: Jul 27
Changed: Sep 7
Last Checked: Sep 19 at 7:06AM
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 18,076-square-foot commercial property was built in 1930 and is configured for multiple occupants, with four long-term tenants in place. The building has a flat roof, off-street parking, public water, and public sewer. Zoning is identified as 464.
The property occupies 0.2755 acres at 501-507 W 3rd Street in Jamestown, New York. Its location places the building within an established commercial area near downtown businesses, restaurants, retail, and other attractions. The combination of multi-tenant occupancy, parking, and existing utility service provides a practical operating profile for a commercial property owner.
The property occupies 0.2755 acres at 501-507 W 3rd Street in Jamestown, New York. Its location places the building within an established commercial area near downtown businesses, restaurants, retail, and other attractions. The combination of multi-tenant occupancy, parking, and existing utility service provides a practical operating profile for a commercial property owner.
Key Highlights
- 18,076‑square‑foot commercial property on 0.2755 acres
- Four long‑term tenants; property is fully leased
- Built in 1930 with a flat roof
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Hotels & Casinos 22%
Home Improvements & Furnishings 3%
Dollar General
Shops & Services
8,621 visits/mo
0.3 miles
7-Eleven
Shops & Services
8,015 visits/mo
0.4 miles
KeyBank
Shops & Services
4,636 visits/mo
0.5 miles
DoubleTree by Hilton Jamestown
Hotels & Casinos
3,578 visits/mo
0.3 miles
La Quinta Inn & Suites by Wyndham Jamestown
Hotels & Casinos
2,631 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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
1031 exchange property - Fully leased commercial building with four established tenants and public utilities.
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‑foot commercial property on 0.2755 acres; Four long‑term tenants; property is fully leased; Built in 1930 with a flat roof
