Property profile

13-23 3Rd St Jamestown, NY 14701

OFF-MARKET
Specialty properties
24,768 SF
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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

Location

13-23 3Rd St Jamestown, NY 14701
Jamestown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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