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Property profile & analytics
OFF-MARKET
Investment properties

507 8th St Jamestown, NY 14701-2909

4,000 SF 0.26 ac lot Built 1900
Individually Owned 3-yr Hold Free & Clear
Property ID
US63-3073544
Property summary
AI-generated overview

This exceptional multi-use commercial property, located at 507 W 8th St in Jamestown, NY, presents a unique investment opportunity. Situated on a 0.26-acre lot, the property boasts a total of 4,000 square feet of space, strategically divided to maximize functionality. The main building comprises two floors, each measuring 2,052 square feet, offering significant space for a variety of business uses. Previous successful operations include restaurant supply and service, equipment rental, and plumbing wholesale, demonstrating the property's adaptability to diverse business models. The property's convenient location in a high-traffic area ensures excellent visibility and accessibility for customers and clients. Ample parking is provided on a well-maintained lot, adding to the property's overall appeal. Further enhancing its utility are four storage bays and two concrete-floored storage garages, providing secure and spacious storage solutions. This versatile property is ideally suited for service-based businesses or those requiring substantial storage capacity. The asking price is $160,000, representing a compelling investment opportunity in a thriving commercial area. This property is ready for immediate occupancy and presents a rare chance to establish or expand a business in a prime Jamestown location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 4,000 SF
Lot 0.26 ac (11,400 SF)
APN 060800 387.31-1-11
UPID US63-3073544
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Brian Taylor · 3 yrs held
Brian Taylor
since 2023
Last sale
$36,000
1 recorded transaction
2023
$36,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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