Automotive Property with Showroom
For Sale
$339,100
111 S Comrie Avenue, Johnstown, NY 12095
Commercial Sale, Johnstown, NY
Property Size1,925 SF
Lot Size0.62 Acres
Price / SF$176.16
Days on Market95
Property Features for 111 S Comrie Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
36
Security features
Security System
Interior features
High Speed Internet, Built-in Features
Lot features
Road Frontage, Level, Cleared
Directions
Follow Comrie Ave, Property is located directly across from James Chevrolet.
Standard status
Active
APN
170800 175.9-2-9.2
Lot size
0.62 Acres
Additional Details
Real Estate Included
Yes
Automotive Uses
dealership/vehicle sales
Taxes and HOA fees
Tax Annual Amount
11946
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
forced-air natural gas heat
central air conditioning
municipal water and sewer
Building Details
Year built
1983
Floors in Building
1
Flooring type
Carpet, Tile - Ceramic
Building materials
Metal Siding, Brick
Roof type
Metal
Architectural style
Other
Buildings
1
Listing Agency:
Inglenook Realty Inc
(518) 882-6236
Listed By:
Alec Wright · License #10401394223
(518) 633-7509
Added: Jul 30
Changed: Oct 28
Last Checked: Nov 1 at 7:06AM
MLS# 202622978
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,925-square-foot commercial building occupies two commercially zoned parcels totaling approximately 0.62 acres. Built in 1983, it has metal siding, a metal roof, carpet and ceramic tile flooring, and two bathrooms. Forced-air natural gas heat and central air conditioning serve the building; public water and sewer are available. The property was previously used as an automotive dealership, and the listing identifies potential for retail, office, medical, automotive sales, or showroom use, subject to verification of applicable requirements.
The site is at 111 S. Comrie Avenue in Johnstown, NY, along a corridor reported to carry more than 5.4 million vehicles annually. An adjoining 4.20-acre commercially zoned parcel is offered separately or in combination with the property, for a potential combined area of 4.82 acres. Development and use possibilities require independent verification with municipal authorities.
The site is at 111 S. Comrie Avenue in Johnstown, NY, along a corridor reported to carry more than 5.4 million vehicles annually. An adjoining 4.20-acre commercially zoned parcel is offered separately or in combination with the property, for a potential combined area of 4.82 acres. Development and use possibilities require independent verification with municipal authorities.
Key Highlights
- 1,925± square‑foot commercial building on approximately 0.62 acres
- Two commercially zoned parcels: 0.34 and 0.28 acres
- Forced‑air natural gas heat, central air conditioning, public water, and public sewer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,124
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,480
$362.5K
Cap Rate 7%
$258,914
$258.9K
Cap Rate 9%
$201,378
$201.4K
Market Conditions
NOI Build-Up for 1,925 SF
Gross rent
$27.0K $14.04/SF
− Vacancy
−$1.1K −$0.59/SF
EGI
$25.9K $13.45/SF
− OpEx
−$7.8K −$4.04/SF
NOI
$18.1K $9.42/SF
Area
Fulton County, NY
Vacancy
4.20%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,480
Cap Rate 7%
$258,914
Cap Rate 9%
$201,378
Alternative Uses
Best Use
Retail
$258.9K
$226.6K – $302.1K
NOI $18,124 @ 7.0% cap · market cap 5.34%
Second Best
Industrial
$170.1K
$148.8K – $198.4K
NOI $11,906 @ 7.0% cap · market cap 3.51%
Theoretical Best
Multifamily LT 5
$1.33M
$1.16M – $1.55M
NOI $93,155 @ 7.0% cap · market cap 27.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
116k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 31%
Electronics 7%
Home Improvements & Furnishings 5%
Dunkin' Donuts
Dining
20,169 visits/mo
0.5 miles
Taco Bell
Dining
14,352 visits/mo
0.4 miles
Wendy's
Dining
13,671 visits/mo
0.2 miles
KFC
Dining
10,120 visits/mo
0.3 miles
Dollar General
Shops & Services
9,098 visits/mo
0.4 miles
Demographics for 12095, NY
12,242
Population
5,808
Households
2.1
Avg Household Size
43
Median Age
25%
College-Educated
89%
High-School Grad
65.2 sq mi
ZIP Area
188
Density / Sq Mi
$69,864
Median Household Income
$45,103
Median Earnings
$860
Median Rent
$159,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Automotive property - Commercial zoning, municipal services, and a location on a high-volume corridor support a range of business uses.
Where is this automotive property located?
The property is located at 111 S Comrie Avenue Johnstown, NY.
What is the asking price?
The asking price for this property is $339,100.
What are key features of this property?
This property features: 1,925± square‑foot commercial building on approximately 0.62 acres; Two commercially zoned parcels: 0.34 and 0.28 acres; Forced‑air natural gas heat, central air conditioning, public water, and public sewer
