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    1259 Main St Jamestown, NY 14701

    For Sale
    $439,000

    Jamestown Office/Retail Investment

    Property size:
    4,484 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property at 1259 N Main St, Jamestown, NY 14701 presents a rare investment opportunity. The 4,484 square foot building, constructed in 2008, sits on a 1.1-acre lot and boasts versatile space ideal for various businesses. Currently operating as a flower shop, the property features attractive interior elements including cathedral ceilings, a walk-in cooler, extensive built-in oak cabinetry and countertops, and workspace islands. The main level also includes an attached garage. A full, walkout, heated basement with tall ceilings offers significant additional space. Exterior features include a second greenhouse and a lower-level garage with a 10-foot overhead door. The property includes 15 parking spaces and is zoned for commercial use. With its prime Main Street location near the expressway, ample space, and desirable features, this property offers significant potential for a variety of commercial ventures. The asking price is $439,000, with a net operating income (NOI) of $12,660, and a price per square foot of $110. The property's APN is 060800-370-014-0003-001-001.

    Property Features for 1259 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,484 SF
    Lot Size
    47,916 SF

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    HighLights

    • $439,000 asking price for a 4,484 square foot commercial building.
    • Located at 1259 N Main St, Jamestown, NY 14701, on a 1.1‑acre lot.
    • Features include 15 parking spaces, a 10' overhead garage door, and two greenhouses.
    • The building offers versatile space suitable for various uses, including executive office, medical office, and storefront.
    • The property boasts a $12,660 annual net operating income (NOI) and a price per square foot of $110.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SymLink Computer Consultant Willow Bay Computer ... Computer Repair Service Spain Enterprises Business Development Service Lakeview Gardens Floral ... Florist Premier Asphalt Finishing ... Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.241018
    Latitude
    42.1145071

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    FAQs

    What type of property is this?
    Individual retail property - Jamestown Office/Retail Investment
    Where is this individual retail property located?
    The property is located at 1259 Main St Jamestown, NY.
    What is the asking price?
    The asking price for this property is $439,000.
    What are key features of this property?
    This property features: $439,000 asking price for a 4,484 square foot commercial building.; Located at 1259 N Main St, Jamestown, NY 14701, on a 1.1-acre lot.; Features include 15 parking spaces, a 10' overhead garage door, and two greenhouses.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1259 Main St Jamestown, NY 14701
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