Multi-Building Restaurant and Bar
409 411 & 413 Main St Johnstown, PA 15901
409 411 & 413 Main St, Johnstown, PA, 15901
$479,900
For Sale
$479,900
Three connected Main Street buildings include restaurant and bar spaces, plus an outdoor courtyard dining area.
Property Size5,019 SF
Price / SF$95.62
Days on Market49
Property Features for 409 411 & 413 Main St
General Information
- Standard status
- Active
- Size
- 5,019 SF
Listing agency
RE/MAX TEAM, REALTORS
(814) 262-7653
Listed by
Bob & Bobby Colvin
(814) 262-7653
Source
Exprealty
Added: Jun 5 Updated: Jul 22 at 5:24PM Checked: Jul 22 at 5:24PM
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 RE/MAX TEAM, REALTORS
Investment Insights
Based on property information with market context.
This for-sale property includes multiple commercial buildings and an adjoining lot that were most recently used as a restaurant/bar and outdoor courtyard/dining space. 409 Main Street is described as a concrete patio courtyard with decorative fencing along the front of the property. The rear portion of the lot includes a caterer’s garage complete with an elevator that services the 411 Main Street structure.
411 Main Street is a three-story brick building with an approximately 2,720 SF finished first-floor area. The first floor has been used as a hostess station, restrooms, business office, and a commercial kitchen serving the courtyard. The second and third stories are unfinished and could be expanded.
413 Main Street is an adjoining two-story brick building with approximately 2,299 SF on the main floor, including bar area and dining space. The second floor is unfinished.
The property is presented as a highly visible center-city location.
411 Main Street is a three-story brick building with an approximately 2,720 SF finished first-floor area. The first floor has been used as a hostess station, restrooms, business office, and a commercial kitchen serving the courtyard. The second and third stories are unfinished and could be expanded.
413 Main Street is an adjoining two-story brick building with approximately 2,299 SF on the main floor, including bar area and dining space. The second floor is unfinished.
The property is presented as a highly visible center-city location.
Key Highlights
- Highly visible center‑city Main Street property with three connected buildings: 409, 411, and 413 Main Street
- 409 Main Street features a concrete patio courtyard with decorative fencing along the front
- 411 Main Street has an approximate 2,720 SF finished 1st floor with hostess station, restrooms, business office, and commercial kitchen
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.3k | $8.83 |
| − Vacancy | −$2.5k | −$0.49 |
| EGI | $41.8k | $8.34 |
| − OpEx | −$12.6k | −$2.50 |
| NOI | $29.3k | $5.83 |
5,019 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$721.9K
$631.7K – $842.3K
NOI $50,535 @ 7.0% cap · market cap 10.53%
Second Best
Industrial
$418.4K
$366.1K – $488.1K
NOI $29,285 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$1.51M
$1.33M – $1.77M
NOI $106,001 @ 7.0% cap · market cap 22.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial kitchens
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial kitchen - Three connected Main Street buildings include restaurant and bar spaces, plus an outdoor courtyard dining area.
Where is this commercial kitchen located?
The property is located at 409 411 & 413 Main St Johnstown, PA.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Highly visible center‑city Main Street property with three connected buildings: 409, 411, and 413 Main Street; 409 Main Street features a concrete patio courtyard with decorative fencing along the front; 411 Main Street has an approximate 2,720 SF finished 1st floor with hostess station, restrooms, business office, and commercial kitchen
