707 Fairmount Ave Jamestown, NY 14701-2623
Invest in this prime 40,973 square foot retail strip center, ideally situated in Jamestown's bustling retail corridor. The property boasts 13 suites, with 8,150 square feet currently available for lease. This Class C center, built in 1957, sits on an expansive 11.7-acre lot and offers 231 parking spaces, ensuring ample convenience for customers. Its location along Fairmount Avenue provides exceptional visibility, benefiting from an average daily traffic count of 19,187 vehicles (2019 NYSDOT data). The property features a signalized entrance for easy access and egress. Current tenants include a diverse mix of businesses, creating a vibrant and established retail environment. Available spaces range from approximately 2,000 to 6,150 square feet, offering flexibility for various business needs. The property is zoned for shopping center use (Shopping Center District, APN 38-611-331.0, Chautauqua County). Lease rates start at $10.00 per square foot per year, with estimated NNN costs of $2.82 per square foot per year. Detailed floor plans and 3D tours are readily available. This is an exceptional opportunity to establish or expand your business in a high-traffic, well-established retail center.
-
ATM (First Niagara Bank) Atm
-
Gary Nelson Ophthalmologist (Bike/Boat/Book/etc) Store
-
Clear View Pools (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Laury Opticians Inc Ophthalmologist (Bike/Boat/Book/etc) Store
-
Zoom Tan Tanning Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Jamestown, NYNo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.