About 501-507 W 3rd Street
Outstanding investment opportunity in the heart of Jamestown! This well-maintained commercial property is fully leased with four long-term tenants, providing immediate and reliable cash flow with a current monthly rental income of $8,561.17. Ideally situated on West 3rd Street, the property offers excellent accessibility and visibility in one of Jamestown's primary commercial corridors, just minutes from downtown businesses, restaurants, retail, and major attractions. The property features off-street parking, providing added convenience for both tenants and visitors. With a stable tenant base, consistent income, and a desirable location in an established business district, this is an excellent opportunity for investors seeking a turnkey, income-producing asset with long-term potential. Whether you're looking to expand your commercial portfolio or complete a 1031 exchange, this property offers dependable returns in a strong location.
Features of 501-507 W 3rd Street
| MLS® # | R1702038 |
|---|---|
| Price | $739,000 |
| Bathrooms | 0.00 |
| Square Footage | 18,076 |
| Square Footage | 12000 |
| Acres | 0.28 |
| Year Built | 1930 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 501-507 W 3rd Street |
|---|---|
| Area | Jamestown-City |
| City | Jamestown |
| County | Chautauqua |
| State | NY |
| Zip Code | 14701 |
Amenities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Features | Irregular Lot |
| Parking Spaces | 6 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other, See Remarks |
|---|---|
| Cooling | Other, See Remarks |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
| Has Basement | No |
Exterior
| Lot Description | Irregular Lot |
|---|---|
| Roof | Flat |
School Information
| District | Jamestown |
|---|---|
| Elementary | Samuel G Love Elementary |
| Middle | Persell Middle |
| High | Jamestown High |
Additional Information
| Zoning | 464 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Century 21 Turner Brokers |
|---|---|
| Contact Info | tom@c21turnerbrokers.com |
