CCertihomes
154 Fairmount Avenue, Jamestown, NY 14701

$2,199,000

0 beds 0 baths 32,276 sqft Built 195042 days on marketActive

About this home

154 Fairmount Avenue in Jamestown, NY, presents a prime investment opportunity. This industrial property spans approximately 32, 000 square feet and is currently occupied by four tenants, offering immediate rental income potential. Situated at the corner of Fairmount and Jones & Gifford Avenues, the building is directly across from the revitalized Chadakoin Park and Boat Launch, providing scenic views and recreational opportunities. Constructed in 1950, the structure features a clear ceiling height of 12 feet, one loading dock, one drive-in door, and plentiful parking. The property underwent significant upgrades in 2015, including a new roof, siding, and interior enhancements. Equipped with gas, water, sewer, and heating utilities, the building also offers 24-hour access, air conditioning, a security system, and storage. The property is zoned for industrial use, making it suitable for manufacturing, distribution, or contractor operations. With its strategic location, modern amenities, and existing tenant occupancy, 154 Fairmount Avenue is well-positioned for investors seeking a stable income-generating asset in Jamestown's industrial sector.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$21,838/mo

Real estate (PITI + HOA + PMI)
$14,552
Principal + interest$9,973
Property tax + insurance$3,754
PMI / 2nd mortgage$825
Utilities
$15,999
Heating + cooling$7,830
Internet + TV + phone$173
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$173
$21,838/mo TLC
Budget$22,338/mo
Remaining after TLC$500/mo
Purchase price
$2,199,000
Down payment
$109,950 (5%)
Loan amount
$2,089,050
APR
4%

Quick facts

Type
MixedUse
Style
Year built
1950
Lot size
1.4756 ac
Stories
1
Heating
Gas
Cooling
CentralAir
Water
Public
HOA
Annual tax
$5,171
MLS #
R1601897
County
Chautauqua

At a glance

Air conditioning

Home features

Flooring
Carpet, Concrete, Linoleum, Vinyl
Roof
Flat, Membrane, Rubber
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Schools

Elementary
Lincoln Elementary
Middle
Persell Middle
High
Jamestown High

Neighborhood — 14701

MetricThis ZIPCountyUSA
Population41,59719,351,094299,088,112
Population Change Since1990-12.00%8.00%20.00%
Population Density461395
Male20,1509,381,926147,432,321
Female21,4479,969,168151,655,844
Never Married9,0514,946,39163,775,926
Married16,5887,166,701123,120,365
Separated1,5901,159,67312,639,686
Widowed2,8691,110,24515,467,586
Divorced3,7701,210,44823,075,029
Number Of House Hold16,4417,102,016111,826,380
Average House Hold Size2.472.642.60
Medial Age37.9736.5335.46
Median House Hold Income$33,203$49,847$48,276
Average House Hold Income$43,135$70,032$63,629
P C I$17,719$26,569$24,529
M D I$29,446$42,210$41,133
A T H E$39,630$54,185$50,898
S T R8.00%4.00%
W C J78.43%81.55%77.74%
(Zip) Code
14701

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 5/1/2025. Provided courtesy of Century 21 Turner Brokers via Buffalo MLS. Information deemed reliable but not guaranteed.