100 Blackstone Ave - Manufacturing FOR SALE


Jamestown, NY 14701
$2,100,000 USD
239-384-1432
100 Blackstone Ave, Jamestown, NY for Sale
$2,100,000 USD
Manufacturing - FOR SALE
1/3
null | 6.55% Cap Rate

100 Blackstone Ave
Jamestown, NY 14701


HIGHLIGHTS

  • Over 100 years of industrial production at this location
  • Heavy Power
  • Ease of Loading and Unloading

OVERVIEW

This property is currently under contract. Encompassing 295,000 square feet of space and residing on a substantial 13-acre lot, this facility stands as an essential hub for manufacturing and distribution activities. Initially constructed and then thoughtfully adapted over time, it has been tailored to support the operations of a prominent manufacturing enterprise. The complex includes 15,500 square feet allocated for administrative functions and a vast 288,704 square feet designed for an array of industrial uses, including light manufacturing, research labs, quality testing, and expansive areas for warehousing and distribution. Architectural specifications feature versatile ceiling heights from 12 to 20 feet, robust 8-inch concrete flooring, augmented by 2-inch maple hardwood sections, providing both durability, reduced employee fatigue, comfort and aesthetic appeal. Structural columns are strategically placed, ranging from 21 to 56 feet apart, to optimize space utilization. The integrity of the building is assured with sections of the roofing system being updated within the last 3 to 15 years. There is an additional rent factor that can be transferred in part or in whole to the purchaser. Parking facilities are generously proportioned with 86 spots readily available, and potential for expansion up to 186, all conveniently sited adjacent to the building. The maintenance of the property has ensured that all areas remain in outstanding condition. Located within the industrious Jamestown area, part of the notable Greater Jamestown Empire Zone, the facility benefits from being among a community of over 100 active manufacturers. Its strategic position relative to Greater Buffalo, as well as the broader regions of Ohio, New York, and Pennsylvania, situates it within a pivotal industrial nexus. This provides access to a rich supply of industrial materials, a skilled workforce, and a significant consumer market, enhancing the facility's operational and logistical advantages.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$7 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New York Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, R&D, Warehouse

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

186

LAND DETAILS

LAND ACRES

12.43

LAND SF

541,451

ZONING

LI

APN/PARCEL ID

https://maps.chautauquacounty.com/public

ASK ABOUT THIS PROPERTY

Saxon EvansCitrus Capital AdvisorsMore Info
239-384-1432

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Saxon EvansCitrus Capital AdvisorsMore Info
239-384-1432

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.