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.
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.
Property Details
Price:
$739,000
MLS #:
R1702038
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Business
Neighborhood:
jamestowncity060800
Listed Date:
Jul 27, 2026
Finished Sq Ft:
18,076
Total Sq Ft:
18,076
Lot Size:
12,000 sqft / 0.28 acres (approx)
Year Built:
1930
See this Listing
Schools
School District:
Jamestown
Elementary School:
Samuel G Love Elementary
Middle School:
Persell Middle
High School:
Jamestown High
Interior
Cooling
Other, See Remarks
Heating
Other, See Remarks
Levels
One
Exterior
Lot Features
Irregular Lot
Parking Spots
6
Parking Total
6
Roof
Flat
Stories
1
Financial
Taxes
$19,758
Map
Community
- Address501-507 West 3rd Street Jamestown NY
- CityJamestown
- CountyChautauqua
- Zip Code14701
Subdivisions in Jamestown
- A F Allen Brown
- Allen Estate Allotment B
- Allen Park Allotment
- Brooklyn Park Allotment
- Butlers Add
- Charles E Weeks
- City/Jamestown
- City/Jamestown Sec 387 06
- Elmhurst Park Allotment A
- Ericsson Heights Allotmen
- F F Petersons Allotment B
- Hall & Richs Allotment
- Hammond & Messengers Allo
- Holland Land Company Surv
- Holland Land Company’s Su
- Holland Land Companys Sur
- Jamestown
- John J Whitneys Allotment
- Lakeview Avenue
- Lewis Halls Allotment
- Mackay & Bromleys Allotme
- Myron Fishs Allotyment A
- Nettie E Sampson Allotmen
- Nettie Elizabeth Sampson
- Prendergast Ave
- Section 38809
- Sheldon Place Add
- Town/Carroll
- Wescott Allotment
- William D Coldrens Allotm
Market Summary
Current real estate data for Commercial in Jamestown as of Sep 02, 2026
31
Commercial Listed
198
Avg DOM
53
Avg $ / SqFt
$554,939
Avg List Price
Property Summary
- 501-507 West 3rd Street Jamestown NY is a Commercial for sale in Jamestown, NY, 14701. It is listed for $739,000
Similar Listings Nearby
Courtesy of Century 21 Turner Brokers. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 501-507 West 3rd Street
Jamestown, NY