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    405 3Rd St Jamestown, NY 14701

    For Lease
    $13 SF/Yr

    Historic Jamestown office, 3,623 sq ft.

    Lot size:
    3,623 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional single-tenant office building, located at 405 W 3rd Street in Jamestown, NY, presents a unique investment opportunity. Built in 1920, this charming 3,623 square foot building sits on a 0.28-acre lot and offers a blend of traditional and creative office space. The property features one building with a single story and provides ample parking with 10 spaces. Conveniently located near the intersection of W 3rd Street and Jefferson, this property is zoned C-1, allowing for a variety of commercial uses. The building lacks elevators. Its prime location in Chautauqua County offers easy access to downtown amenities, making it attractive to businesses and employees alike. The property's historical character combined with its functional layout creates a unique and desirable workspace. This is an ideal space for businesses seeking a professional and productive environment in a vibrant community. The property is situated in Jamestown, NY, zip code 14701. This is a rare opportunity to acquire a well-located, established commercial property in a growing market.

    Property Features for 405 3Rd St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,623 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,623 SF
    Rate per SF
    $13

    HighLights

    • Exceptional single‑tenant office building at 405 W 3rd Street, Jamestown, NY.
    • 3,623 square foot building on a 0.28‑acre lot.
    • Single‑story building with 10 parking spaces.
    • C‑1 zoning allows for various commercial uses.
    • No elevator.
    • Prime location near W 3rd and Jefferson Streets in Chautauqua County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Labor Ready Employment Agency Chautauqua County Child ... Social Services Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.246075510908
    Latitude
    42.095533692856

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    FAQs

    What type of property is this?
    Office space - Historic Jamestown office, 3,623 sq ft.
    Where is this office space located?
    The property is located at 405 3Rd St Jamestown, NY.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Exceptional single-tenant office building at 405 W 3rd Street, Jamestown, NY.; 3,623 square foot building on a 0.28-acre lot.; Single-story building with 10 parking spaces.
    Request Owner's contact information
    405 3Rd St Jamestown, NY 14701
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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
    405 3Rd St Jamestown, NY 14701
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