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Mixed-Use Property with Four-Car Garage
For Sale
$349,900

743 Main Street, Johnson City, NY 13790

A residence, heated basement garage, separate office, and parking support a combination of living and business uses.

Property Size2,248 SF
Price / SF$155.65
Days on Market290

Property Features for 743 Main Street

General Information

Standard status Active
Size 2,248 SF
Property subtype Commercial

Additional Details

Highway Access Yes
Real Estate Included Yes

Taxes and HOA fees

Annual Taxes $4,646

Amenities

updated kitchen
updated bathroom
hardwood floors
heated four-car basement garage
separate small office structure

Building Details

Building Size 2,248 SF
Year Built 1922
Buildings 2
Listing Agency: HARKNESS COMMERCIAL REALTY GROUP
Listed By: Robert W Harkness
Source: Lindakentrealestate
Added: Jan 14 Changed: Oct 30 Last Checked: Oct 30 at 1:52AM

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 HARKNESS COMMERCIAL REALTY GROUP

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines a residence with a separate office structure and an oversized basement garage. The home offers 2,248 square feet, hardwood floors and trim, an updated kitchen and bathroom, and immediate occupancy. The garage is heated and accommodates four cars; the property also has ample parking.

Built in 1922, the property previously hosted a classic car dealership. It is located at 743 Main Street in Johnson City, with access to major highways, shopping centers, restaurants, and entertainment options.

Key Highlights

  • 2,248‑square‑foot residence built in 1922
  • Heated basement garage sized for four cars
  • Separate office structure

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,613
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,260 $452.3K
Cap Rate 7%
$323,043 $323.0K
Cap Rate 9%
$251,256 $251.3K
Market Conditions
NOI Build-Up for 2,248 SF
Gross rent
$33.7K $15.00/SF
− Vacancy
−$1.4K −$0.63/SF
EGI
$32.3K $14.37/SF
− OpEx
−$9.7K −$4.31/SF
NOI
$22.6K $10.06/SF
Area
Broome County, NY
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,260
Cap Rate 7%
$323,043
Cap Rate 9%
$251,256

Alternative Uses

Best Use
Retail
$323.0K
$282.7K – $376.9K (±1% cap)
NOI $22,613 @ 7.0% cap · market cap 6.46%
Second Best
Mixed Use
$310.3K
$271.6K – $362.1K (±1% cap)
NOI $21,724 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$557.7K
$488.0K – $650.7K (±1% cap)
NOI $39,040 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,211
Businesses Nearby
117k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 80% Shops & Services 15% Dining 3% Electronics 1%
Walmart Superstores
93,960 visits/mo 0.3 miles
Dollar General Shops & Services
5,924 visits/mo 0.2 miles
Kwik Fill Shops & Services
5,171 visits/mo 0.2 miles
M&T Bank Shops & Services
4,152 visits/mo 0.2 miles
Dunkin' Donuts Dining
3,763 visits/mo 0.5 miles

Demographics for 13790, NY

18,478
Population
9,585
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
89%
High-School Grad
27.2 sq mi
ZIP Area
679
Density / Sq Mi
$54,764
Median Household Income
$37,360
Median Earnings
$985
Median Rent
$117,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A residence, heated basement garage, separate office, and parking support a combination of living and business uses.
Where is this mixed-use property located?
The property is located at 743 Main Street Johnson City, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 2,248‑square‑foot residence built in 1922; Heated basement garage sized for four cars; Separate office structure
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Includes: Price & PSF · Cap rate · Location · Zoning

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