Share This Listing

Message

935 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

154 Fairmount Ave
Jamestown, NY 14701
Chadakoin Park Building · Industrial Property For Sale

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Heavy daytime traffic
  • Open layout
  • Tenant occupied

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type Investment or Owner User
Cap Rate 5.10%
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • FlexLight Distribution
Building Class B
Lot Size 1.48 AC
Rentable Building Area 32,276 SF
No. Stories 2
Year Built 1950
Parking Ratio 0.19/1,000 SF
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning Light Industrial - 449

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Front Loading
  • Security System
  • Yard
  • Storage Space
  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
060800-387-005-0002-030-000
Land Assessment
$13,400
Improvements Assessment
$86,600
Total Assessment
$100,000
  • Listing ID: 35604734

  • Date on Market: 4/23/2025

  • Last Updated:

  • Address: 154 Fairmount Ave, Jamestown, NY 14701

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}