Spa-Ready
525 Foote Avenue, Jamestown, NY 14701
For Sale
Contact for pricing
Configured for spa use with off-street parking and exposure along Foote Avenue.
Property Size1,600 SF
Price / SF$0.01
Days on Market59
Property Features for 525 Foote Avenue
General Information
Standard status
Size
Listing Agency:
Century 21 Turner Brokers
(716) 763-7506
Listed By:
Daniel Terhune · License #10301217717
(716) 969-1702
Source:
Nicholcityrealty
Added: Sep 10
Changed: Nov 1
Last Checked: Nov 6 at 8:26AM
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
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 1,600-square-foot storefront at 525 Foote Avenue is currently configured for spa operations, providing an existing commercial setup for a wellness-oriented business. The space could also accommodate a hair salon or tattoo shop, subject to applicable requirements and approvals.
Off-street parking is available for customers and staff. The property is positioned along Foote Avenue in Jamestown, New York, with visibility to commuters traveling into and out of the city.
Off-street parking is available for customers and staff. The property is positioned along Foote Avenue in Jamestown, New York, with visibility to commuters traveling into and out of the city.
Key Highlights
- 1,600‑square‑foot storefront
- Currently configured for spa use
- Potential fit for a hair salon or tattoo shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,636
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,720
$392.7K
Cap Rate 7%
$280,514
$280.5K
Cap Rate 9%
$218,178
$218.2K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$28.8K $18.00/SF
− Vacancy
−$749 −$0.47/SF
EGI
$28.1K $17.53/SF
− OpEx
−$8.4K −$5.26/SF
NOI
$19.6K $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%
$392,720
Cap Rate 7%
$280,514
Cap Rate 9%
$218,178
Alternative Uses
Best Use
Retail
$280.5K
$245.5K – $327.3K
NOI $19,636 @ 7.0% cap · market cap 151,046.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$478.9K
$419.0K – $558.7K
NOI $33,523 @ 7.0% cap · market cap 257,869.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,750
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Superstores 28%
Dining 25%
Hotels & Casinos 8%
Big Lots
Superstores
21,818 visits/mo
0.3 miles
Tim Hortons
Dining
19,608 visits/mo
0.4 miles
7-Eleven
Shops & Services
8,015 visits/mo
0.3 miles
Dollar General
Shops & Services
6,929 visits/mo
0.3 miles
KeyBank
Shops & Services
4,636 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
$98,400
Median Home Value
Market
Average Price Trend$/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
- Girton's Flowers & Gifts, Inc. — 1519 Washington St, Jamestown, NY 14701
Frequently Asked Questions
What type of property is this?
Storefront property - Configured for spa use with off-street parking and exposure along Foote Avenue.
Where is this storefront property located?
The property is located at 525 Foote Avenue Jamestown, NY.
What are key features of this property?
This property features: 1,600‑square‑foot storefront; Currently configured for spa use; Potential fit for a hair salon or tattoo shop
