Sunday, September 5, 2010

8 E 4th Street, Jamestown, NY 14701

8 E 4th Street
8 E 4th Street, Jamestown, NY 14701

# Price:
$129,000
# Building Size:
2,368 SF
# Price/SF:
$54.48
# Property Type:
Office
# Property Sub-type:
Office Building
# Additional Sub-types:
Free Standing Bldg
Special Purpose (Other)
# Property Use Type:
Investment
# Cap Rate:
10%
# Occupancy:
100%
# Tenancy:
Multiple


Description

PRIME COMMERCIAL OFFICE LOCATION IN THE FORMER THURSTON ACADEMY BUILDING AT THURSTON TERRACE, IN THE HEART OF DOWNTOWN JAMESTOWN. This historic building sits on well traveled 4th Street, There is always on street parking available with a city parking ramp close by. This business location is perfect for CPA's, attorneys, doctors and any other professional endeavor. This excellent property features gorgeous antique wood work throughout, ornamental fireplaces, beamed ceilings and leaded glass. This building has been one of Jamestown's finest for almost 100 years. The first floor is comprised of a large waiting area, reception desk and work station, conference room and secretary's office. The lower level features a large office complex with ample storage areas. The upper level has 2 large office complexes, utility and rest rooms. The top floor is a large storage attic, with much potential. This fine example of professional office space has been drastically reduced for sale. Call today for more details and your showing.

Downtown Jamestown, corner of N Main Street, in the heart of the city
Financial Summary

    *
      Actual
    * Net Operating Income
      $12,900

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