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201-205 Cherry St
Jamestown, NY 14701

$495,000 USD

Storefront For Sale  •  44,982 SF

Property Details

  • Property Type Storefront
  • Total Building Size 44,982 SF
  • Lot Size 0.35 AC
  • Building Class B
  • Year Built 1902
  • Cap Rate 8.50 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
89 Walk Score

Highlights

45,000 SF Investment & Redevelopment Opportunity
Outstanding adaptive reuse potential- multifamily, mixed use, retail, office
Circa 1903, listed on Jamestown Downtown Historic District and eligible for Historic Tax Credits
Steps from the internationally acclaimed National Comedy Center, Lucille Ball Desi Arnaz Museum, and Northwest Arena
Extensive architectural features include rare American Chestnut woodwork and unique central courtyard
Seller desires a quick close — buyer can hold property as a profitable investment while redevelopment funding is secured

Property Flyers

Cap Rate: 8.50 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Covered
Included in Rent: Yes
Paula Blanchard 716-880-4815 Hanna Commercial Real Estate
Paula Blanchard 716-880-4815 Hanna Commercial Real Estate