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    155 Johns St Johnstown, PA 15901

    For Sale
    $1,500,000

    Profitable Motel, Main Arterial Location

    Property size:
    19,090 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents a 55-unit, two-story motel ideally situated in Johnstown, PA, at 155 Johns Street. The property boasts a substantial 19,090 square feet of space, encompassing not only the numerous guest rooms but also a convenient lobby and dining area. This versatile layout makes it perfect for an owner-operator seeking hands-on involvement, or a live-in operator looking for a comfortable residence alongside their business. The 0.73-acre lot provides ample space for potential expansion or future development. Its prime location on major arterial roads offers excellent visibility and accessibility, placing it within easy reach of key amenities. The proximity to a hospital, various government buildings (both local and federal), and a minor league ballpark ensures a consistent stream of potential guests. This established business presents significant upside potential for a savvy investor looking to capitalize on its strong location and existing infrastructure. The asking price of $1,500,000 reflects the property's value and the inherent growth opportunities it offers. This is a rare chance to acquire a well-established motel with significant potential for increased profitability in a desirable location. Serious inquiries are encouraged.

    Property Features for 155 Johns St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    19,090 SF
    Lot Size
    31,799 SF

    Building Details

    Year Built
    1977
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Towne Manor Motel Motel

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Cambria
    State
    Pennsylvania
    Longitude
    -78.92487
    Latitude
    40.3273

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Motel, Main Arterial Location
    Where is this commercial real estate located?
    The property is located at 155 Johns St Johnstown, PA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (717) 763-1212
    Request Owner's contact information
    155 Johns St Johnstown, PA 15901
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    Johnstown, PA 15901
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    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
    155 Johns St Johnstown, PA 15901
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