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    OFF-MARKET
    Specialty properties

    13-23 3Rd St, Jamestown, NY 14701

    24,768 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial real estate offering presents a unique investment opportunity in the heart of Jamestown, NY. Priced at $999,900, this property encompasses two buildings located at 13-15 E 3rd St. and 17-23 E. 3rd St., totaling 24,768 square feet. The sale also includes two valuable parking lots: one behind 17-23 E. 3rd St. and another on North Main St. providing 22 parking spaces. The property boasts a rich history, having housed a hardware store, a Masonic Lodge, and a theatre over the years. Currently, the buildings feature a mix of commercial and residential tenants. All commercial spaces are equipped with forced-air heating and central air conditioning. Ten residential apartments are included, most heated with electric baseboards and cooled with mini-splits. One apartment, #401, features gas furnace heating. Detailed floor plans for all five floors and a site plan illustrating parking are available. This is a rare chance to acquire a substantial, income-generating property with significant historical character and ample parking in a desirable location. The property's diverse tenant base and established rental income stream make it an attractive investment prospect.

    Property profile
    Verified
    Property type Specialty properties
    Total area 24,768 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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