Share This Listing

Message

942 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

NY Oil Business 3922 Kortwright Rd 1,000 SF Industrial Building Jamestown, NY 14701 $6,000,000 ($6,000/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Turn-key Oil Business Investment
  • 371 Acres Convey in Sale!
  • 1,036 Acres of Active Leases with room for more wells!
  • 114 Active Wells with room for 95+ More!!

EXECUTIVE SUMMARY

Located in Chautauqua County, NY
Includes:
7 Parcels with 371+ Acres conveying in sale!
Operations covering 16 Parcels on 1,036 acres of land with leases and 114 existing Oil-Producing wells!
Ready for Expansion with leases in place and room for 95 or more oil wells!

ATTACHMENTS

Pitch Deck

PROPERTY FACTS

Price $6,000,000
Price Per SF $6,000
Sale Type Investment or Owner User
Sale Condition Business Value Included
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class C
Lot Size 128.23 AC
Rentable Building Area 1,000 SF
No. Stories 1
Year Built 2020
Tenancy Single
Clear Ceiling Height 16’
Zoning Residential

AMENITIES

  • Yard

UTILITIES

  • Lighting - Fluorescent
  • Gas
  • Water - Well
  • Sewer - Septic Field
  • Heating

ABOUT 3922 KORTWRIGHT RD , JAMESTOWN, NY 14701

Busti, NY is one of the highest oil producing areas in the State! With over 114 wells in operation, there are even more opportunities to drill additional wells, timber the land, or parcel it out for rural homesteads or farming operations.... OR ALL THE ABOVE! No end of the investment potential with these 7 income producing parcels that convey in the sale PLUS an additional 700+ acres with oil wells and established leases with room for 95+ more oil wells! Situated right on the north side of the New York and Pennsylvania Border, it's only an hour and a half to Buffalo, 2 hours to Cleveland, OH, and only half an hour to Lake Erie! Transportation routes are already established. Oil Drills, Piping, storage tanks, etc... are all in place and convey with the sale. Almost all OGM rights convey! 1/8 old ownership of some rights will remain. A new massive 100x100' metal building with large overhead doors with an existing water well, and power all convey as well! This won't last long... Don't miss out on this amazing investment opportunity, call today!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
062289-453-000-0002-004-001
Land Assessment
$88,700
Improvements Assessment
$83,300
Total Assessment
$172,000
  • Listing ID: 34425435

  • Date on Market: 1/9/2025

  • Last Updated:

  • Address: 3922 Kortwright Rd, Jamestown, NY 14701

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}