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Property profile & analytics
OFF-MARKET
Office Spaces

St Jamestown, NY 14701

24,768 SF 0.19 ac lot Built 1920
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1920
Total area 24,768 SF
Lot 0.19 ac (8,276 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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