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Property profile & analytics
OFF-MARKET
Mixed-use properties

State St Johnstown, NY 12095

31 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property presents a significant investment opportunity in the vibrant city of Johnstown, New York. Situated on a substantial 31-acre lot, the property at E State St Unit L8 offers considerable potential for a variety of uses. The current configuration is mixed-use, providing flexibility for a savvy investor to tailor the space to meet specific market demands. The asking price is $1,700,000, reflecting the significant land holdings and the potential for future development or expansion. The property's location on E State St offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Johnstown. Given the size of the land parcel, there is ample room for future construction or expansion of existing structures. Detailed information regarding the existing building's square footage and specific zoning regulations is readily available upon request. This is a rare opportunity to acquire a substantial mixed-use property in a desirable location with significant upside potential. Serious inquiries are encouraged to explore the possibilities this unique offering presents. The property's location within Johnstown provides easy access to local amenities, transportation routes, and a strong local workforce. This makes it an ideal location for a variety of businesses and commercial ventures. Don't miss this chance to secure a prime piece of Johnstown real estate.

Property profile
Verified
Property type Mixed-use properties
Year built 1960
Lot 31 ac (1,350,360 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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