Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Second-Floor Office Suite Title is generated by Realmo AI

    437 Theatre Dr, Johnstown, PA 15904

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    COMMERCIAL - Johnstown, PA

    Lot size:
    0.45 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 4 at 12:06 am

    Property Features for 437 Theatre Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    50-52-104
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    2018-2574

    Building Details

    Floors in Building
    2

    We can help!

    Listing Contact
    Frances Pletcher

    Listing agent Frances Pletcher

    Listing office KW EXCLUSIVE REAL ESTATE 437 Theatre Dr, Johnstown, PA

    Listing date Jun 2, 2026

    MLS# 96041740

    Copyright © 2026 Cambria Somerset Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2nd floor office space with a private room (15'9" x 11'4")
    • Reception area (9'4" x 12'6") plus waiting room space (7'5" x 24'5")
    • Includes a private restroom
    • Private entrance and space is furnished with a conference room available to be shared
    • All utilities included with rent

    Overview

    This second-floor office suite is designed for practical day-to-day operations, with a large private room and an open reception area that flows into a dedicated waiting room. The space also includes a private restroom, and a fully furnished conference room is available to be shared. The suite benefits from having an existing office configuration that supports both client-facing and internal work needs.

    The building offers a private entrance, and the property is situated in a commercial zoning setting. The first floor is occupied by a real estate office, which can be useful for businesses seeking a straightforward professional environment. All utilities are included with the rent, helping simplify budgeting for tenants.

    The layout and amenities make the suite well-suited for a range of office-type businesses, particularly those that need a reception and waiting area for walk-ins or scheduled meetings. With a shared conference room and furnished options already in place, tenants may be able to move in with less overhead and focus on day-one productivity. The owner is agent-owned, and the space is available for those looking to explore fit and configuration.
    Property Profile Location Intelligence

    Current Use by Public Records

    Addyson Replogle Realtor, ... Real Estate Agency Keller Williams Exclusive ... Real Estate Agency Keller Williams Exclusive Real Estate Agency Howard Hanna Heritage ... Real Estate Agency Saunders Company IT Consulting Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Cambria
    State
    Pennsylvania
    Longitude
    -78.846951
    Latitude
    40.2757287

    Nearby Similar for Lease

    • Contact for pricing
      3,003 SF

      Johnstown Office Space For Rent

      Professional office space available in Johnstown, Pennsylvania.
      1407 EISENHOWER BLVD. #204, Johnstown, PA 15904
      View Details
    • Contact for pricing
      904 SF

      Professional Office Space in Johnstown

      Office space available for lease in Richland Square II.
      1407 EISENHOWER BLVD. #202, Johnstown, PA 15904
      View Details
    • Contact for pricing
      1,055 SF

      Johnstown Office Space For Rent

      Professional office space available in Johnstown, Pennsylvania.
      1407 EISENHOWER BLVD. #107, Johnstown, PA 15904
      View Details
    • Contact for pricing

      Renovated Commercial Space in Johnstown

      Newly renovated commercial space with character, suitable for various businesses.
      414 BUCKNELL AVE, Johnstown, PA 15905
      View Details
    • $12 SF/Yr

      664 Tire Hill Rd, Johnstown, PA

      Office space near Conemaugh Memorial Medical Center and public transit.
      664 Tire Hill Rd, Johnstown, PA 15905
      View Details
    • Contact for pricing

      Professional Office Space Available

      Office space for lease in Richland Square II, Johnstown.
      1407 EISENHOWER BLVD. #301, Johnstown, PA 15904
      View Details
    • Contact for pricing

      Shared Office Coworking Space

      Flexible shared office setup in a commercially zoned building, with options to use furnished space or your own.
      437 Theatre Dr, Johnstown, PA 15904
      View Details
    • $12 SF/Yr

      217 Eisenhower Blvd, Johnstown, PA

      Office space available, ranging from 156 to 5,000 SqFt.
      217 Eisenhower Blvd, Johnstown, PA 15905
      View Details
    • Contact for pricing

      Turnkey Hair Salon in Johnstown

      Updated hair salon with equipment in a visible location.
      109 HOSTETLER ROAD, Johnstown, PA 15904
      View Details
    • Contact for pricing
      29,768 SF

      Johnstown Office Space For Rent

      Commercial office space available in Johnstown's 3rd Ward.
      625 Main Street, Johnstown, PA 15901
      View Details
    • Contact for pricing
      1,260 SF

      Johnstown Office Space For Rent

      Professional office space available in Johnstown, PA.
      1405 EISENHOWER BLVD. #201, Johnstown, PA 15904
      View Details
    • Contact for pricing
      2,760 SF

      Modern Office Space in Johnstown

      Upgraded commercial building with modern features available for rent.
      639 Ferndale Avenue, Johnstown, PA 15905
      View Details

    FAQs

    What type of property is this?
    Office units - A furnished office suite with private office, reception, waiting room, and on-suite restroom plus utilities included.
    Where is this office units located?
    The property is located at 437 Theatre Dr Johnstown, PA.
    What are key features of this property?
    This property features: 2nd floor office space with a private room (15'9" x 11'4"); Reception area (9'4" x 12'6") plus waiting room space (7'5" x 24'5"); Includes a private restroom
    (814) 442-7804
    We can help!
    Listing Contact
    Frances Pletcher
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    437 Theatre Dr, Johnstown, PA 15904
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!