2 2Nd StJamestown, NY 14701

  • Land
  • 1.40 AC
For Sale
$175,000 View listing

Property Details for 2 2Nd St

Lot size
1.40 AC
Property type
Land
Property subtype
Commercial land
APN
060800 387.47-1-9
APU
608003874719

Description

Exceptional opportunity to acquire a thriving, fully operational restaurant in the heart of Jamestown, NY. The Chop House, a well-established eatery, is offered for sale at $175,000. This turnkey business boasts 37,423 square feet of exquisitely appointed space, ready for immediate operation. All equipment is included in the sale. The current owners are committed to a smooth transition, providing support to ensure a seamless takeover. A separate banquet space is available for lease at $650 per month, offering additional revenue potential. Importantly, the business is being sold as a going concern

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,388,578
    Hospitality
    $12,263,866
    Educational
    $10,203,392
    Medical
    $10,554,303
    Retail
    $15,871,944
2 2Nd St, Jamestown, New York

Location Insight

City
Jamestown
County
Chautauqua
State
New York
Latitude
42.0945
Longitude
-79.252
CBSA code
27460
CBSA name
JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$87,800
-
$87,800
-
$120,274
-
$120,274

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