154 Fairmount Ave - Manufacturing FOR SALE


Jamestown, NY 14701
$1,999,000 USD
716-640-3912
154 Fairmount Ave, Jamestown, NY for Sale
$1,999,000 USD
Manufacturing - FOR SALE
1/42
null | 5.1% Cap Rate

154 Fairmount Ave
Jamestown, NY 14701


HIGHLIGHTS

  • Heavy daytime traffic
  • Tenant occupied
  • Open layout

OVERVIEW

154 Fairmount Avenue in Jamestown, NY, presents a prime investment opportunity. This industrial property spans approximately 32,000 square feet and is currently occupied by four tenants, offering immediate rental income potential. Situated at the corner of Fairmount and Jones & Gifford Avenues, the building is directly across from the revitalized Chadakoin Park and Boat Launch, providing scenic views and recreational opportunities. Constructed in 1950, the structure features a clear ceiling height of 12 feet, one loading dock, one drive-in door, and six parking spaces. The property underwent significant upgrades in 2015, including a new roof, siding, and interior enhancements. Equipped with gas, water, sewer, and heating utilities, the building also offers 24-hour access, air conditioning, a security system, and storage space. The property is zoned for industrial use, making it suitable for manufacturing, distribution, or contractor operations. With its strategic location, modern amenities, and existing tenant occupancy, 154 Fairmount Avenue is well-positioned for investors seeking a stable income-generating asset in Jamestown's industrial sector.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Chadakoin Park Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

Gas, Water, Sewer, Heating

CLEAR CEILING HT

12 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.48

LAND SF

64,469

ZONING

Light Industrial

APN/PARCEL ID

060800-387-005-0002-030-000

ASK ABOUT THIS PROPERTY

Tom TurnerCENTURY 21 Turner BrokersMore Info
716-640-3912

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Tom TurnerCENTURY 21 Turner BrokersMore Info
716-640-3912

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