816 Foote Ave - Restaurant FOR SALE


Jamestown, NY 14701
$399,000 USD
716-338-8781
816 Foote Ave, Jamestown, NY for Sale
$399,000 USD
Restaurant - FOR SALE
1/16
null | Request Cap Rate

816 Foote Ave
Jamestown, NY 14701


HIGHLIGHTS

  • Corner-site offering with separate commercial and residential buildings.
  • Former restaurant layout includes select existing equipment.
  • Approximately 30 off-street parking spaces support customer and employee access.
  • Eight-bedroom residence provides potential residential income opportunities.
  • Two individual street addresses offer operational and ownership flexibility.
  • Opportunity to re-establish a restaurant, reposition the commercial space, or pursue redevelopment plans subject to approvals.

OVERVIEW

UNIQUE COMMERCIAL & INVESTMENT OPPORTUNITY ON A CORNER SITE! Offered together are the former Asian restaurant at 816 Foote Avenue and a separate 8-bedroom single-family residence at 125 Brad Street in Jamestown, NY. The two buildings are separated by a walkway and have individual street addresses, adding flexibility to this distinctive property offering. The Foote Avenue property features an established restaurant layout with some existing restaurant equipment included, offering a head start for a new restaurant, take-out, catering, or other commercial concept. A major asset is the approximately 30-car off-street parking lot, providing substantial parking for customers and employees. The 8-bedroom residence at 125 Brad Street adds another dimension to the offering, with potential for residential rental income, owner or employee housing, or other permitted uses. With two separate buildings, two street addresses, substantial off-street parking, an existing restaurant facility, and a large residential component, this property presents an unusual opportunity for an owner/operator or investor. Re-establish the restaurant operation, reposition the commercial space, generate residential rental income, or explore additional possibilities for this versatile corner property. Uses and redevelopment opportunities subject to applicable zoning and municipal approvals.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

060800-404-008-0005-008-000,060800-404-008-0005-009-000,060800-404-008-0005-010-000,060800-404-008-0005-011-000

ASK ABOUT THIS PROPERTY

Melissa UberHoward Hanna Holt Real EstateMore Info
716-338-8781

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Melissa UberHoward Hanna Holt Real EstateMore Info
716-338-8781

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.