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775-785 Fairmount Ave

7,000 SF 100% Leased Office Building Jamestown, NY 14701 $1,300,000 ($186/SF) 8.70% Cap Rate

Medical Offices New York Jamestown 775-785 Fairmount Ave, Jamestown, NY 14701

Investment Highlights

  • Fully Leased Multi Tenanted Professional Office Building
  • Low Maintenance Brick Exterior - New Roof as of October 2024
  • Excellent 1031 Exchange Property for Investor Seeking Stabe Income Producing Asset

Executive Summary

Fully Leased Multi Tenanted Professional Office Building For Sale.
Diversified Mix of Professional Tenants.
The Property has a Good History of Occupany.
Located in a Highly Visible and Desireable Area and Active Trade Area of the Jamestown Market
Low Maintenance Brick Exterior - New Roof in Oct of 2024
Idea Property for an Investor Looking for a Stable and Income Producing Asset

Attachments

775-785 Fairmount Ave Marketing Flier

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,000 SF
Building Class
B
Year Built
2001
Price
$1,300,000
Price Per SF
$186
Cap Rate
8.70%
NOI
$113,100
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,000 SF
Building FAR
0.24
Land Acres
0.67 AC
Zoning
Commmercial - Professional Office
Parking
35 Spaces (5 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage

Links

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PROPERTY TAXES

Parcel Number 063889-386-011-0001-002-000 Improvements Assessment $476,700
Land Assessment $83,300 Total Assessment $560,000

PROPERTY TAXES

Parcel Number
063889-386-011-0001-002-000
Land Assessment
$83,300
Improvements Assessment
$476,700
Total Assessment
$560,000
(716) 691-9329

  • Listing ID: 33949830

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 775-785 Fairmount Ave, Jamestown, NY 14701

More public record information on 775-785 Fairmount Ave, Jamestown, NY 14701

The Office Property at 775-785 Fairmount Ave, Jamestown, NY 14701 is currently available For Sale. Contact Cushman and Wakefield/Pyramid Brokerage Company for more information.

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775-785 Fairmount Ave
(716) 691-9329 x

775-785 Fairmount Ave

Milton DeBoth

(716) 691-9329

(716) 691-9329

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