Office-Garage Flex
For Sale
$59,900
Pending
830 Horner St, Johnstown, PA 15902
Office area with electric heat plus a gas-heated oversized garage, supported by on-site parking for about 20 vehicles.
Property Size625 SF
Days on Market201
Property Features for 830 Horner St
General Information
Standard status
Pending
Size
625 SF
Total Parking Spaces
20
Taxes and HOA fees
Annual Taxes
$1,339
Listing Agency:
RE/MAX TEAM, REALTORS
Listed By:
Bob & Bobby Colvin
(814) 262-7653
Source:
Exprealty
Added: Apr 6
Changed: Oct 21
Last Checked: Oct 20 at 10:22PM
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
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Investment Insights
Based on property information with market context.
This highly visible office/garage flex building includes office space, a half bathroom, an oversized one-car garage, and a storage area. The office is heated with electric baseboard units, while the garage has a gas heater. The property is set up for businesses that need both a workable office component and dedicated garage storage for equipment, tools, or service-related use.
Located in the City of Johnstown’s 7th Ward at 830 Horner St, the building offers a large, private parking lot sized for approximately 20 vehicles. This provides convenient off-street parking for employees and visitors.
The combination of office space, a functional garage, and additional storage makes this property a practical fit for small operations seeking a single location for administrative work and day-to-day operational needs. With separate heating systems for the office and garage, occupants can manage comfort for different areas as their use requires. For sale as a single commercial building, it is well suited for owner-users and buyers looking for a compact, self-contained workspace with on-site parking.
Located in the City of Johnstown’s 7th Ward at 830 Horner St, the building offers a large, private parking lot sized for approximately 20 vehicles. This provides convenient off-street parking for employees and visitors.
The combination of office space, a functional garage, and additional storage makes this property a practical fit for small operations seeking a single location for administrative work and day-to-day operational needs. With separate heating systems for the office and garage, occupants can manage comfort for different areas as their use requires. For sale as a single commercial building, it is well suited for owner-users and buyers looking for a compact, self-contained workspace with on-site parking.
Key Highlights
- Highly visible office/garage in the City of Johnstown’s 7th Ward
- Building layout includes office, half bath, oversized one‑car garage, and storage area
- Office has electric baseboard heat; garage has a gas heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,372
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$87,440
$87.4K
Cap Rate 7%
$62,457
$62.5K
Cap Rate 9%
$48,578
$48.6K
Market Conditions
NOI Build-Up for 625 SF
Gross rent
$7.1K $11.40/SF
− Vacancy
−$399 −$0.64/SF
EGI
$6.7K $10.76/SF
− OpEx
−$2.4K −$3.77/SF
NOI
$4.4K $7.00/SF
Area
Cambria County, PA
Vacancy
5.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$87,440
Cap Rate 7%
$62,457
Cap Rate 9%
$48,578
Alternative Uses
Best Use
Office B
$141.0K
$123.4K – $164.5K
NOI $9,872 @ 7.0% cap · market cap 16.48%
Second Best
Flex RnD
$62.5K
$54.7K – $72.9K
NOI $4,372 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$188.6K
$165.0K – $220.0K
NOI $13,200 @ 7.0% cap · market cap 22.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15902, PA
11,107
Population
6,281
Households
1.8
Avg Household Size
42
Median Age
16%
College-Educated
88%
High-School Grad
9.4 sq mi
ZIP Area
1,182
Density / Sq Mi
$42,163
Median Household Income
$34,187
Median Earnings
$684
Median Rent
$58,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- World At Your Door Catering — 609 Coleman Ave, Johnstown, PA 15902
Frequently Asked Questions
What type of property is this?
Flex space - Office area with electric heat plus a gas-heated oversized garage, supported by on-site parking for about 20 vehicles.
Where is this flex space located?
The property is located at 830 Horner St Johnstown, PA.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: Highly visible office/garage in the City of Johnstown’s 7th Ward; Building layout includes office, half bath, oversized one‑car garage, and storage area; Office has electric baseboard heat; garage has a gas heater
