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$29,900 New For Sale

217 Lincoln St
Jamestown, NY 14701

4 units |
3,968 sq ft

Commercial: Multi-Family - MLS# 1041746
Property Photo
1/20

Description

Here's a unique opportunity to own a commercial building in a northside neighborhood. The two commercial storefront spaces on the ground level were used as one business location by the current owners, but can be locked off as two separate units as 217 and 219 Lincoln Street. Both sides offer spacious commercial/retail space. 219 features a gas furnace, while 217 has a gas furnace in unknown condition. The single half bath on the ground floor could be accessed from both units. Upstairs, two residential rental units with electric heat await some upgrading to further generate income. Unit 1 is a 2 to 3 bedroom, 1 bath apartment with large living and dining room spaces featuring wood floors. The kitchen also has laundry hookups. Unit 2 is currently condemned due to previous roof damage. The roof has been repaired/replaced and wiring updates nearly complete. Drywall and some repairs remain to be finished. Unit 2 is a 1 to 2 bedroom, 1 bath unit that also features large living and dining room spaces with wood floors. The property is not mortgageable in its current condition, but is ready for the right investor looking for the chance to convert this building into a great income generator. There aren't a lot of these commercial spaces left in neighborhood settings. Sold "As-Is". Call for an appointment and get your business idea off the ground with rental units to help while you get established.

Features

  • Baths (full): 2
  • Baths (partial): 1
  • Bedrooms: 3
  • County/Area: Chautauqua County
  • Estimated Age: 135
  • Estimated Annual Taxes: 1976
  • Listing Status: Active
  • Lot Dimensions: 40 x 85 ft.
  • Property Type: Commercial
  • School District: Love/Washington/Jhs
  • Sq.Ft.: 3968
  • Stories: 2
  • Style: 1 1/2 Story
  • Sub Type: Multi-Family
  • Tax Assessment: 38000
  • Tax Parcel Number: 387.26-1-21
  • Total Baths: 2.5
  • Total Rooms: 24
  • Township: Jamestown
  • Units: 4
  • Year Built: 1882
  • Zip Code: 14701
  • Zoning: Commercial

Courtesy of:

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  • Lee Davies

    Lee Davies
    Associate Broker/ Auctioneer

    Office:                (716)484-4040
    Cell:                   (716)720-2649
    Fax:                   (716)753-2519
    E-Mail:               leedavies@howardhanna.com

    Designations/ Awards
     

    • Member of National Auctioneers Association
    • Member of the Chautauqua County Board of REALTORs
    • Former Member of City of Jamestown Housing Action Task Force
    • Former Member of Westfield and Hartfield Fire Departments
    • Former Board Member of Infinity Visual & Performing Arts
    • Former Board Member of Chautauqua Opportunities, Inc.
    • Graduate of the FBI National Academy (2001)
    • Bilingual (English & Spanish)

       

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