Auto Body Shop with
New
For Sale
$450,000
414 N Perry Street, Johnstown, NY 12095
The offering combines an established automotive operation with its commercial-zoned property.
Property Size3,986 SF
Lot Size0.25 Acres
Price / SF$112.90
Days on Market7
Property Features for 414 N Perry Street
General Information
Standard status
Active
Size
3,986 SF
Total Parking Spaces
10
Lot size
0.25 Acres
Zoning
Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$7,365
Building Details
Year Built
1935
Buildings
1
Stories
1
Listing Agency:
Realty One Group Key
Listed By:
Daniel Reilly · License #10491211703
(518) 527-0915
Source:
Capmarkrealty
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 26 at 12:49PM
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 Realty One Group Key
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes an approximately 3,986-square-foot building on a 0.25-acre parcel, with the auto body business included in the sale. The operation has been in business for 50 years. The building dates to 1935 and is zoned Commercial.
Located at 414 N Perry Street in Johnstown, New York, the property is offered as a combined business and real estate sale.
Located at 414 N Perry Street in Johnstown, New York, the property is offered as a combined business and real estate sale.
Key Highlights
- Established auto body business with 50 years in operation
- Approximately 3,986 square feet of building area
- 0.25‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,529
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,580
$750.6K
Cap Rate 7%
$536,129
$536.1K
Cap Rate 9%
$416,989
$417.0K
Market Conditions
NOI Build-Up for 3,986 SF
Gross rent
$56.0K $14.04/SF
− Vacancy
−$2.4K −$0.59/SF
EGI
$53.6K $13.45/SF
− OpEx
−$16.1K −$4.04/SF
NOI
$37.5K $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%
$750,580
Cap Rate 7%
$536,129
Cap Rate 9%
$416,989
Alternative Uses
Best Use
Retail
$536.1K
$469.1K – $625.5K
NOI $37,529 @ 7.0% cap · market cap 8.34%
Second Best
Industrial
$352.2K
$308.2K – $410.9K
NOI $24,652 @ 7.0% cap · market cap 5.48%
Theoretical Best
Multifamily LT 5
$2.76M
$2.41M – $3.21M
NOI $192,892 @ 7.0% cap · market cap 42.86%
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
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
70k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Apparel 46%
Home Improvements & Furnishings 5%
Hotels & Casinos 1%
T.J. Maxx
Apparel
32,101 visits/mo
0.5 miles
Dollar Tree
Shops & Services
17,135 visits/mo
0.5 miles
Speedway
Shops & Services
15,116 visits/mo
0.4 miles
Rent A Center
Home Improvements & Furnishings
2,057 visits/mo
0.5 miles
Ruby & Quiri Carpet One Floor & Home
Home Improvements & Furnishings
1,683 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
Similar Off Market Nearby
- Pleasant Avenue Service — 12 Pleasant Ave, Johnstown, NY 12095
- Morrison's Garage — 105 Washington St, Johnstown, NY 12095
- Bear Muffler — 204 N Perry St, Johnstown, NY 12095
- Brown's Ford of Johnstown, Inc. — 121 N Comrie Ave, Johnstown, NY 12095
- Brown's Ford of Johnstown, Inc. Service — 121 N Comrie Ave, Johnstown, NY 12095
Frequently Asked Questions
What type of property is this?
Auto shop - The offering combines an established automotive operation with its commercial-zoned property.
Where is this auto shop located?
The property is located at 414 N Perry Street Johnstown, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Established auto body business with 50 years in operation; Approximately 3,986 square feet of building area; 0.25‑acre lot
