Multi-Tenant Value-Add Investment 9-25 E 4th St 13,916 SF 92% Leased Retail Building Jamestown, NY 14701 $963,300 ($69.22/SF) 10% Cap Rate

Exclusively Listed in association with Brian Brockman | License No. 1031120985
We are pleased to present the opportunity to acquire the 4th & Pine Professional Building, a value-add multi-tenant investment opportunity located at 9–25 East 4th Street in downtown Jamestown, New York. Offered at a high-yield 10.0% capitalization rate, the property provides investors with stable in-place cash flow generated by a diversified roster of professional, medical, legal, wellness, and service-oriented tenants, while also offering meaningful upside through the lease-up of two remaining vacant suites and future rental growth opportunities.
The property consists of approximately 13,942 square feet and is occupied by nine tenants representing a broad mix of professional service providers, healthcare practitioners, legal firms, staffing services, real estate professionals, and wellness-oriented businesses. This diversified tenancy reduces reliance on any single occupant and creates a durable income stream supported by multiple revenue sources. Several tenants have recently extended their lease commitments, reinforcing occupancy stability and demonstrating continued confidence in the location.
The offering also benefits from significant recent capital improvements. Ownership has invested approximately $193,000 into the property, including a new 50-year roof, HVAC upgrades, and site infrastructure improvements, reducing near-term capital expenditure requirements for future ownership and enhancing the property's long-term durability.
Strategically positioned in the heart of downtown Jamestown's central business district, the property benefits from excellent visibility, walkability, and proximity to government offices, financial institutions, healthcare providers, restaurants, entertainment venues, and professional offices. The surrounding downtown district serves as the commercial and professional center of Chautauqua County, attracting consistent daily activity from residents, employees, and visitors throughout the region.
Jamestown is the largest city in Chautauqua County and serves as the primary commercial, healthcare, professional services, and employment center for Southwestern New York. Located directly along Interstate 86, the city benefits from regional connectivity between Buffalo, Erie, Cleveland, Rochester, and broader Northeast and Midwest markets. The area's economy is supported by healthcare, manufacturing, education, tourism, retail trade, and professional services, creating a diverse foundation for long-term economic stability.
The offering presents investors with the opportunity to acquire a well-located, income-producing asset with strong in-place occupancy, recent leasing momentum, substantial recent capital improvements, and multiple avenues for future NOI growth. Combining attractive current yield, diversified tenancy, value-add leasing opportunities, and a strategic downtown location within the region's primary commercial center, the 4th & Pine Professional Building represents a compelling investment opportunity in Western New York.