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    1317 Main St Johnstown, PA 15909

    For Sale
    $5,900,000

    48-Acre Rail-Served Industrial Property

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 48.46-acre industrial property located at 1317 Main Street, Johnstown, Pennsylvania, presents a unique investment opportunity. Boasting heavy industrial zoning, allowing for 24/7 operation, the site benefits from active rail service provided by Class 1 railroads Norfolk Southern and CSX. The potential for substantial power is significant, with a pending load study indicating the possibility of accessing up to 200 megawatts. Infrastructure is robust, featuring industrial water supply, substantial gas lines (8 and 14 inches), and a recently upgraded sewer system. A remodeled diesel shop is already in place, ready for immediate use. Due diligence has been completed, with a phase study concluding that no further environmental action is required. The property enjoys a secured Local Economic Revitalization Tax Assistance (LERTA) designation, and tax-free zone status is pending. Access is further enhanced by a secured highway access permit. The site is completely cleared, with all trash and dilapidated structures having been removed, presenting a clean slate for immediate development or expansion. Priced at $5,900,000, this property offers significant potential for a wide range of industrial uses. The combination of its strategic location, extensive infrastructure, and streamlined permitting process makes this a truly compelling investment opportunity.

    Property Features for 1317 Main St

    General Information

    Property type
    Industrial properties
    Lot Size
    2,110,918 SF

    Building Details

    Year Built
    1921
    Property Profile Location Intelligence

    Current Use by Public Records

    MRES Scrap Waste Management Service

    Suggested Use

    Restaurant Dental Office Hair Salon Building Supply Gym & Fitness Auto Repair Shop Kitchen & Bath Bar & Pub Auto Parts Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Somerset/Cambria
    State
    Pennsylvania
    Longitude
    -78.87899
    Latitude
    40.34615

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    FAQs

    What type of property is this?
    Industrial property - 48-Acre Rail-Served Industrial Property
    Where is this industrial property located?
    The property is located at 1317 Main St Johnstown, PA.
    What is the asking price?
    The asking price for this property is $5,900,000.
    (814) 701-4084
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    1317 Main St Johnstown, PA 15909
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    Johnstown, PA 15909
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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
    1317 Main St Johnstown, PA 15909
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