{"id":248554,"date":"2026-05-30T04:35:10","date_gmt":"2026-05-30T04:35:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/248554\/"},"modified":"2026-05-30T04:35:10","modified_gmt":"2026-05-30T04:35:10","slug":"four-buildings-in-brooklyn-square-sold-for-2-1m-news-sports-jobs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/248554\/","title":{"rendered":"Four buildings in Brooklyn Square sold for $2.1M | News, Sports, Jobs"},"content":{"rendered":"

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\t\t\t\t716 Rapid Rentals, LLC is seeking a tenant for the former Big Lots building in Jamestown.
\nP-J photo by Gregory Bacon<\/p>\n

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\t\t\t\t716 Rapid Rentals, LLC is seeking a tenant for the former Tim Hortons building in Brooklyn Square.
\nP-J photo by Gregory Bacon<\/p>\n

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\t\t\t\tCommunity Bank in Brooklyn Square is one of four buildings that was sold to 716 Rapid Rentals, LLC. No changes have been announced regarding the bank property.
\nP-J photo by Gregory Bacon<\/p>\n

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716 Rapid Rentals, LLC is seeking a tenant for the former Big Lots building in Jamestown.
\nP-J photo by Gregory Bacon\n<\/p>\n

Four business buildings in Jamestown\u2019s Brooklyn Square \u2013 two of which are currently unoccupied \u2013 have been sold for millions of dollars.<\/p>\n

According to documents filed at the Chautauqua County Clerk\u2019s Office, in March the Savarina Corporation sold 21-41 South Main St., and Harrison St., Jamestown to 716 Rapid Rentals, LLC for $2,137,500. Using the parcel number, the buildings include the closed Big Lots, closed Tim Hortons, as well as Community Bank and Family Dollar, both of which are currently open. <\/p>\n

In 2025, Tim Hortons opened a new restaurant at 10 South Main St. where the former Jimmy\u2019s and Friendly\u2019s restaurants had been located. The original Tim Hortons building has remained empty ever since. <\/p>\n

Meanwhile Big Lots closed in early 2025 after being there for 30 years. Before Big Lots, the building was a Quality Markets location. <\/p>\n

In 2025, Savarina Corporation was suing the city of Jamestown to lower its tax assessment. The company wanted its assessment dropped from about $2.3 million to $154,000. <\/p>\n

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716 Rapid Rentals, LLC is seeking a tenant for the former Tim Hortons building in Brooklyn Square.
\nP-J photo by Gregory Bacon\n<\/p>\n

The lawsuit was discontinued in May according to court documents filed in state Supreme Court. The city, school district and Savarina Corporation signed off on it. <\/p>\n

Even though the sale had gone through in March, ending the lawsuit took a couple of months longer. <\/p>\n

No plans have been announced for either the former Tim Hortons or Big Lots. <\/p>\n

There are signs out front of the buildings by Jamestown\u2019s Rental Properties, saying they are available for lease. A message was left for Jamestown\u2019s Rental Properties seeking comment. <\/p>\n

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Community Bank in Brooklyn Square is one of four buildings that was sold to 716 Rapid Rentals, LLC. No changes have been announced regarding the bank property.
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