816 Foote Avenue, Jamestown, NY 14701

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List Price
$399,000
Status
ACTIVE
MLS#
R1705639
Year Built
1950
Stories
2
Acres
1
Living Area
3,311
Region
Jamestown

Property Description

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.

Additional Information

Taxes
$12,469
School District
Jamestown
Elementary School
Milton J Fletcher Elementary
Middle School
Jefferson Middle
High School
Jamestown High
Water
Public
Sewer
Public Sewer

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Listing courtesy of Howard Hanna Holt - Lakewood. Contact: 716-338-8781