Share This Listing

Message

914 characters remaining

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

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Heavy daytime foot traffic
  • Great signage
  • Open plan with exposed brick walls

Executive Summary

This commercial property at 309 Prendergast Avenue in Jamestown presents a strong investment opportunity, enhanced by an adjacent 60x120 paved parking lot that generates $7,020 annually through shared use agreements with neighboring properties. The building has been well maintained with a roof repaired within the last 10 years and an HVAC system updated in the last 15 years, minimizing near-term capital expenses. The front façade features large glass windows with built-in shelving, providing excellent visibility and a ready-made display area ideal for retail or sales-based businesses. Inside, the building offers durable concrete flooring throughout, two restrooms at the rear, a partitioned storage area, an electrical closet with circuit breakers, and an alarm system. Rear access is available from both 3rd Street and the parking lot, allowing for flexible use and deliveries. With its combination of reliable infrastructure, prime visibility, existing parking income, and versatile layout, this property offers significant potential for repositioning, re-tenanting, or long-term hold as a cash-flowing investment.

Property Facts

Price $380,000
Price Per SF $52.34
Sale Type Investment or Owner User
Property Type
Flex
  • Flex Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Building Class B
Lot Size 0.21 AC
Rentable Building Area 7,260 SF
No. Stories 1
Year Built 1941
Tenancy Single
Parking Ratio 2.75/1,000 SF
Opportunity Zone Yes
Zoning 484

Amenities

  • 24 Hour Access
  • Security System
  • Air Conditioning
  • Fiber Optic Internet

Utilities

  • Lighting
  • Water - City
  • Sewer - City
  • Heating - Electric
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
060800-387-041-0001-008-000
Land Assessment
$20,100
Improvements Assessment
$179,900
Total Assessment
$200,000
  • Listing ID: 37922612

  • Date on Market: 10/2/2025

  • Last Updated:

  • Address: 309 Prendergast 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") }}