Medical Office with Full
287 Main Street, Johnsburg, NY 12853
For Sale
Contact for pricing
A brick commercial building on Main Street includes private rooms, reception space, and a restroom.
Property Size775 SF
Price / SF$25.32
Days on Market220
Property Features for 287 Main Street
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Road Access
Utilities to Site
Building Details
Year Built
Buildings
Construction
Listing Agency:
Gallo Realty ADK Inc
(518) 494-4600
Listed By:
Walter S Swartz · License #10301220399
(518) 791-1545
Source:
Simplywoodardrealestate
Added: Apr 2
Changed: Nov 7
Last Checked: Nov 7 at 3:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gallo Realty ADK Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick medical office property in Johnsburg has a main-level layout with several private rooms, a reception and waiting area, flexible workspace, and a restroom. A full basement provides additional storage. The building was constructed in 1960 and previously operated as a dental office.
Located at 287 Main Street within the hamlet business district, the property has public water service and oil heat. Electric, heat, and internet are identified as tenant-paid utilities.
Located at 287 Main Street within the hamlet business district, the property has public water service and oil heat. Electric, heat, and internet are identified as tenant-paid utilities.
Key Highlights
- Brick medical office building with a full basement
- Multiple private rooms, reception and waiting area, flexible workspace, and restroom
- Previously operated as a dental office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,488
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,760
$209.8K
Cap Rate 7%
$149,829
$149.8K
Cap Rate 9%
$116,533
$116.5K
Market Conditions
NOI Build-Up for 775 SF
Gross rent
$19.5K $25.20/SF
− Vacancy
−$2.1K −$2.65/SF
EGI
$17.5K $22.55/SF
− OpEx
−$7.0K −$9.02/SF
NOI
$10.5K $13.53/SF
Area
Warren County, NY
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,760
Cap Rate 7%
$149,829
Cap Rate 9%
$116,533
Alternative Uses
Best Use
Office B
$171.4K
$150.0K – $200.0K
NOI $11,997 @ 7.0% cap · market cap 61.15%
Second Best
Healthcare Medical
$149.8K
$131.1K – $174.8K
NOI $10,488 @ 7.0% cap · market cap 53.46%
Theoretical Best
Office A
$232.0K
$203.0K – $270.6K
NOI $16,238 @ 7.0% cap · market cap 82.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12853, NY
1,489
Population
1,070
Households
1.4
Avg Household Size
54
Median Age
22%
College-Educated
88%
High-School Grad
79.9 sq mi
ZIP Area
19
Density / Sq Mi
$58,850
Median Household Income
$32,264
Median Earnings
$938
Median Rent
$199,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A brick commercial building on Main Street includes private rooms, reception space, and a restroom.
Where is this medical office space located?
The property is located at 287 Main Street Johnsburg, NY.
What are key features of this property?
This property features: Brick medical office building with a full basement; Multiple private rooms, reception and waiting area, flexible workspace, and restroom; Previously operated as a dental office
