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    Property profile & analytics
    OFF-MARKET Estimated value $655,000
    Industrial properties

    402 Chandler St, Jamestown, NY 14701-3890

    206,895 SF 5.88 ac lot Built 1940
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US63-0231192
    Property summary
    AI-generated overview

    This exceptional industrial property, the former Dahlstrom Facility, located at 402 Chandler Street, Erie, PA, offers a significant opportunity for businesses seeking flexible and adaptable space. The single-story building, totaling 206,895 square feet, sits on a 5.879-acre lot and is zoned for heavy industrial use (APN: 060800-387-008-0003-026-000). Currently, 190,000 square feet is available, divisible into spaces as small as 25,000 square feet, with a maximum contiguous space of 190,000 square feet. Built in 1940 and renovated in 1990, the property features a 14-foot ceiling height, enhancing usability and storage capacity. Access is facilitated by 4 dock-high doors and 6 drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 150 spaces. The building benefits from robust 480-volt power, ideal for energy-intensive operations. The property's location in the Southern Tier submarket, near the intersection of Winsor and Chandler Streets, offers excellent accessibility. The owner is open to build-to-suit options, providing further customization potential. This property is perfect for manufacturing, warehousing, or distribution needs. The bright spaces and wide aisles contribute to a highly functional and efficient work environment. This is a rare opportunity to secure a substantial industrial space in a desirable location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1940
    Total area 206,895 SF
    Lot 5.88 ac (256,133 SF)
    APN 060800 387.08-3-26
    UPID US63-0231192
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • WIC/MCHS Program Public Health Department Social Services Organization
    • Chautauqua Child Care Council Daycare Center Foster Care Service
    • Chautauqua Opportunities, Inc. - Laughlin Community Action Center Charitable Organization Social Service Agency
    • Lakeside Capital Corporation Atm
    • Laughlin Community Action Center Social Service Agency Charitable Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $810k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $655k
    Owner & transaction history
    Jemf Buffalo Industr LLC · 5 yrs held
    Jemf Buffalo Industr LLC
    since 2021
    Last sale
    $600,000
    2 recorded transactions
    2021
    $600,000
    2005
    $1.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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