St Jamestown, NY 14701
- Office Properties & Spaces
- 24,768 SF
- 0.19 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for St
- Year built
- 1920
- Lot size
- 0.19 lot acres
- Property size
- 24,768 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents two interconnected buildings totaling 24,768 square feet situated on a 0.19-acre lot in the heart of Jamestown, NY. The property, encompassing 13-15 E 3rd St and 17-23 E 3rd St, boasts a rich history, having served various purposes over the past century, including a hardware store and a Masonic Lodge. Currently, the buildings house a mix of commercial and residential tenants. Ten residential apartments are included, offering diverse income streams. Nine of these apartments feature electric baseboard heating and mini-split air conditioning systems, while one unit (#401) utilizes a gas furnace. All commercial spaces benefit from forced-air heating and central air conditioning, ensuring year-round comfort for tenants. Ample parking is provided via two dedicated lots: one located behind 17-23 E 3rd St and another on North Main St, offering a total of 22 parking spaces. Detailed floor plans for all five floors and a site plan illustrating parking arrangements are available upon request. This property offers a unique blend of historical charm and modern functionality, presenting a compelling investment prospect with significant potential for future growth and returns. The asking price is $999,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jamestown
- County
- Chautauqua
- State
- New York
- Longitude
- -79.2451
- Latitude
- 42.0955
