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Executive Summary

Strong mixed-use investment opportunity located in the heart of downtown Jamestown’s business district. This freestanding corner-lot building on 3rd Street offers excellent visibility, a classic brick façade, large storefront windows, and strong street presence in a high-traffic location. The first and second floors feature approximately 7 private office spaces, offering flexible leasing opportunities for a variety of professional, office, or service-based uses. The layout supports multiple tenants or an owner-occupant seeking to offset operating expenses through rental income. The third floor includes a spacious 2-bedroom, 2-bath residential unit being sold fully furnished and turn-key, currently operating as a successful short-term rental. Continue utilizing the space as an Airbnb-style rental, create additional income potential, or enjoy the convenience of on-site living in a fully equipped residential unit,(sold fully furnished) With both commercial and residential components, this property presents the opportunity for diversified revenue streams within a single asset. Its central downtown location near restaurants, local businesses, entertainment, and amenities enhances both rental appeal and long-term usability. Ideal for investors, entrepreneurs, or owner-occupants seeking a versatile mixed-use property with income-producing potential in a well-positioned downtown location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,346 SF
Building Class
C
Year Built
1900
Price
$425,000
Price Per SF
$79.50
Percent Leased
Vacant
Building Height
3 Stories
Typical Floor Size
1,782 SF
Building FAR
2.94
Lot Size
0.04 AC
Opportunity Zone
Yes
Exceptionally walkable
90/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 40572790

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 24 Third St, Jamestown, NY 14701

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