Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    775 Fairmount Ave Jamestown, NY 14701

    Sponsored
    For Sale
    $1,300,000

    Fully Leased Jamestown Office Building - High Cap Rate

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: a fully leased, 7,000 square foot, single-story office building located at 775-778 Fairmount Avenue, Jamestown, NY 14701. This Class B, multi-tenant property boasts 100% occupancy with five units under triple net (NNN) leases. Built in 2001, the building features a low-maintenance brick exterior and ample parking (35 spaces). The property sits on a 0.67-acre lot in a highly visible and desirable location within a thriving commercial area. Tenants include a diverse mix of established businesses, including an engineering firm, investment advisory firm, mental health clinic, licensed massage therapist, and a dentist. The building benefits from a strong history of occupancy and a current cap rate of 8.7%. A brand new roof was installed in October 2024. The property is zoned for professional office use and presents a stable, income-producing asset ideal for investors seeking a secure return. The asking price is $1,300,000.

    Property Features for 775 Fairmount Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,000 SF
    Class
    B
    Lot Size
    29,185 SF

    Building Details

    Year Built
    2001
    Buildings
    1
    Stories
    1
    Units
    5

    HighLights

    • Fully leased, 7,000 SF single‑story office building in Jamestown, NY.
    • 100% occupancy with five units under triple‑net (NNN) leases.
    • Strong tenant mix including engineering, financial, and healthcare businesses.
    • 8.7% current cap rate and new roof (October 2024).
    • $1,300,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Paige Development Corporation General Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.282978090694
    Latitude
    42.097258391701

    Nearby Similar for Sale

    • $449,000
      9,097 SF

      Historic Jamestown Mansion For Sale

      19th-century mansion with original features, ideal for commercial use.
      413 N Main St, Jamestown, NY 14701
      View Details
    • $54,900
      Pending

      Two-Unit Building in Jamestown, NY

      Two-unit building with partially completed renovations and included building materials.
      33 Myrtle St, Jamestown, NY 14701
      View Details
    • $384,000
      45,834 SF

      Historic Schoolhouse with Redevelopment Potential

      Historic Jamestown schoolhouse on two acres, ideal for redevelopment.
      1101 E 2Nd St, Jamestown, NY 14701
      View Details
    • $85,900
      2,316 SF

      Jamestown Multi-Family Home For Sale

      Charming multi-family home near Jamestown amenities, ideal for investors.
      131 Ivy St, Jamestown, NY 14701
      View Details
    • Contact for pricing
      1,834 SF

      Jamestown Duplex with Living Space

      Two-unit duplex in Jamestown, New York, with substantial living space.
      127 Maple St, Jamestown, NY 14701
      View Details
    • $82,000
      Pending

      Versatile Jamestown Multi-Family Home

      Convertible two-family home near schools and shopping.
      70 Pershing Ave, Jamestown, NY 14701
      View Details
    • Contact for pricing
      Pending

      Jamestown Two-Unit Investment Opportunity

      Two-unit property in Jamestown, NY with investment potential.
      47 Charles St, Jamestown, NY 14701
      View Details
    • $110,000
      Pending

      Updated Two-Unit Property Near Downtown

      Tastefully updated two-unit property near downtown Jamestown, New York.
      307 W 6Th St, Jamestown, NY 14701
      View Details
    • $450,000
      187,300 SF

      Versatile Mixed-Use Investment Opportunity

      4+ acre property with commercial and residential income potential.
      878 Busti Sugar Grove Rd, Jamestown, NY 14701
      View Details
    • $109,000
      2,820 SF

      Jamestown Two-Unit Investment Property

      Well-maintained two-unit property with separate utilities and updated features.
      139 Park Street Ext, Jamestown, NY 14701
      View Details
    • $54,900
      2,164 SF

      Mixed-Use Building with Business Potential

      Mixed-use building with commercial space and residential apartment.
      121 Willard Street Ext, Jamestown, NY 14701
      View Details
    • Contact for pricing
      Pending

      Jamestown Multifamily Investment Opportunity

      Four-unit multifamily property in Jamestown, New York, ideal for investment.
      114 Water St, Jamestown, NY 14701
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Fully Leased Jamestown Office Building - High Cap Rate
    Where is this office property / space located?
    The property is located at 775 Fairmount Ave Jamestown, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Fully leased, 7,000 SF single-story office building in Jamestown, NY.; 100% occupancy with five units under triple-net (NNN) leases.; Strong tenant mix including engineering, financial, and healthcare businesses.
    Request Owner's contact information
    775 Fairmount Ave Jamestown, NY 14701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    775 Fairmount Ave
    Jamestown, NY 14701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    775 Fairmount Ave Jamestown, NY 14701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.