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    267 Main St Johnstown, OH 43031

    For Sale
    $1,200,000

    Prime Johnstown location, 27,334 sq ft, $1.2MM

    Property size:
    27,334 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional mixed-use commercial property, situated at 267 N Main Street in Johnstown, Ohio, presents a unique investment opportunity. Spanning 27,334 square feet on a 0.95-acre lot, this two-story brick building boasts high visibility on North Main Street (Route 37), just north of OH62, ensuring excellent exposure to a high volume of traffic. Ample parking is available on-site. The property's strategic location offers easy access to New Albany, a mere 8-minute drive away, and the site of the Intel construction project. Previously occupied by Northview Senior Living Center, the building is currently vacant and offered in "AS IS" condition. The lower level exhibits mold. The property's substantial size and versatile layout lend themselves to a variety of potential uses, subject to obtaining the necessary zoning approvals. Examples include, but are not limited to, a school, call center, office building, federal building, senior living facility, rehabilitation center, or nursing home. This represents a significant price reduction, now listed at $1.2 million, making it an attractive proposition for developers and investors seeking a substantial property in a rapidly developing area.

    Property Features for 267 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    27,334 SF
    Lot Size
    41,382 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Licking
    State
    Ohio
    Longitude
    -82.68999
    Latitude
    40.15844

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Johnstown location, 27,334 sq ft, $1.2MM
    Where is this mixed-use property located?
    The property is located at 267 Main St Johnstown, OH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (614) 890-7653
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    267 Main St Johnstown, OH 43031
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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
    267 Main St Johnstown, OH 43031
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