201-203 Main StJamestown, NY 14701

Property Details for 201-203 Main St

Year built

1924

Lot size

0.13 AC

Property size (Sq ft)

7,360 SF

Property type

Investment properties

Property subtype

Live-work space

APN

060800 387.40-3-43

APU

6080038740343

Description

This exceptional 0.13-acre commercial land parcel, located at 201-203 N Main Street in Jamestown, New York (zip code 14701), presents a unique investment opportunity. The property encompasses a substantial 12,880 square feet and is zoned for commercial use, offering versatility for a wide range of business ventures. Its prime location in the heart of Jamestown ensures high visibility and accessibility, benefiting from significant foot traffic. The property's flexible layout allows for customization to meet diverse business needs. Street parking is readily available, enhancing convenience for customers and employees. This central Jamestown location offers excellent potential for a variety of uses, including retail, office space, or other commercial applications. The asking price for this significant commercial asset is $250,000. This represents a compelling opportunity to acquire a substantial property in a growing market within Chautauqua County. The property's size and location make it an ideal investment for entrepreneurs and businesses seeking a prominent presence in a thriving community. Don't miss this chance to secure a valuable piece of Jamestown's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,411,680

  6.5%

  $1,303,089

  7%

  $1,210,011

• Comparable approach

  Method

  Valuation

  Relative Method

  $720,039

  Geo Method

  $1,471,558

• Alternative Use

  Use

  Valuation

  Residential

  $1,615,831

  Hospitality

  $1,480,092

  Educational

  $1,231,419

  Medical

  $1,273,770

  Retail

  $1,915,541

Location Insight

City

Jamestown

County

Chautauqua

State

New York

Latitude

42.0956

Longitude

-79.2414

CBSA code

27460

CBSA name

JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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