60,000 sq feet prime downtown real estate Positive Cash Flow Great tenant mix, several government offices, solid local businesses offer secure income. Recently certified kitchen approved for banquets and catering. Great potential to increase income! Two Banquet Rooms, one seats 150, one seats 350. Theatre, with stage, sound, and seating for 700. (great for community theatre, church, imagination, or training center). New tenant just signed lease. 3,000 sq. ft. partially finished space offers additional income potential. The parkingÃ‚Â lot is 55 feet wide by 115 feet long andÃ‚Â there are 25Ã‚Â parking spotsÃ‚Â for tenants and visitors. Many recent upgrades and improvements done annually since inception. Appraised at $1,200,000.00 Appraisal based on current income: $820,000.00 Motivated Seller Price $775,000.00
Cash $600,000 or assume personal guarantee on current loan and second for $185,000. (Could include transfer of stock in Corp.) Secure financing from your lender of preference. Great Commercial Property In Jamestown, NY OWNER FINANCING AVAILABLE!