13-23 3Rd St, Jamestown, NY 14701
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.