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    527 Perry St Johnstown, NY 12095

    Sponsored
    For Sale
    $359,000

    Prime Commercial Land & Building, High Traffic Area

    Property size:
    4,432 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property at 527 N Perry Street, Johnstown, NY 12095, presents a unique investment opportunity. Situated on a substantial 35,284 square foot lot, this versatile property boasts a total of 4,432 square feet of building space, ideally suited for a variety of business ventures. The main building features a prominent storefront with excellent visibility, ensuring high customer traffic. A separate rear area, accessible via a private entrance, offers significant potential for a secondary business or additional rental income. Adding to the property's income potential is a spacious two-bedroom apartment, perfect for owner occupancy or as a rental unit. A large commercial garage provides ample storage and workspace, enhancing the property's overall utility. Outdoor amenities include a gazebo, ideal for outdoor events or relaxation. The property is in excellent condition and features brand-new central air conditioning, ensuring year-round comfort. Enjoy the privacy of a tranquil country setting at the rear of the property, offering a peaceful retreat for owners or tenants. This prime location, situated on a high-traffic road between Johnstown and Gloversville, guarantees excellent exposure and accessibility. The asking price is $359,000.

    Property Features for 527 Perry St

    General Information

    Property type
    Land
    Square Feet
    4,432 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Fulton
    State
    New York
    Longitude
    -74.3637426
    Latitude
    43.0318884

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land & Building, High Traffic Area
    Where is this land located?
    The property is located at 527 Perry St Johnstown, NY.
    What is the asking price?
    The asking price for this property is $359,000.
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    527 Perry St Johnstown, NY 12095
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    Johnstown, NY 12095
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    Realmo Value Estimation

    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.

    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.

    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
    527 Perry St Johnstown, NY 12095
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