Downtown Gas Station Sold
A new place to buy snacks and drinks is coming to downtown Jamestown.
On Thursday, the Jamestown Local Development Corporation approved a loan for Neil Patel to renovate Ray Nelson Services, 215 E. Third St., Jamestown, into a gas station and convenience store. Vince DeJoy, Jamestown Local Development Corporation executive director, said Patel is borrowing money to purchase the site, to renovate the building and to purchase equipment. He said site improvements will be made to improve the way traffic flows through the parking lot and to add more green space. DeJoy said the plan for the future convenience store is to give the building a retro gas station appearance.
Jamestown Mayor Sam Teresi, Jamestown Local Development Corporation president, said the owner, Ray Nelson, of the service station is retiring. The business is being purchased by JKTS LLC., Downtown Convenience Store Inc. The loan from the Jamestown Local Development Corporation is for $95,000, with 3.75 percent interest. The loan is part of the corporation’s Tier 1 Jobs and Private Investment Loan Program.
DeJoy said Patel also owns businesses in West Ellicott and Falconer. DeJoy said with more residential apartments downtown, there is a need for more grocery-type businesses.
“They’re looking to service downtown workers and residents,” DeJoy said.