21-41 S Main St

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21-41 S Main St

Jamestown, NY 14701
Asking Price
$2.25M
Asset Type
Retail
Class
Class B

What's Special

21-41 S Main St is situated in the central business district of Jamestown, New York. The property is positioned along a primary north-south corridor, characterized by a mix of historic brick architecture and modern storefronts. Located within walking distance of the National Comedy Center and the Northwest Arena, the site benefits from local foot traffic and regional tourism. The neighborhood features a variety of professional offices, local eateries, and civic institutions. Public transit stops are located along the Main Street frontage, and the property offers proximity to Route 60 and I-86 for regional logistics. This retail asset is suitable for high-exposure businesses including boutique shops, hardware providers, or convenience retailers. The flexible floor plates allow for single-use occupancy or multi-tenant subdivisions. Typical tenants for this location include service-oriented businesses, franchise retailers, and specialty food vendors seeking visibility in a high-density urban environment. The street-level frontage and large display windows cater to businesses requiring significant brand presence. Additionally, the upper levels or rear portions of the building may support administrative offices or storage associated with the primary retail operations.

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NOI
$80,000
Cap Rate
3.56%
DSCR
0.60
Underwater
Cash-on-Cash
-7.94%
Monthly Payment
$11,131.772
Annual Cash Flow
$-53,581.268

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