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    OFF-MARKET
    Retail properties & Spaces

    2-8 Main St, Johnstown, NY 12095

    8,200 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2-8 W Main Street in Johnstown, New York, presents a unique investment opportunity. The property encompasses a substantial 8,200 square feet of retail space situated on a 10,019 square foot lot. Recently renovated, the building boasts a "Grade A" condition rating, featuring modern amenities and finishes throughout. The interior includes over 30 nicely finished offices, complemented by open spaces and break rooms. Adding significant value is an additional 8,000 square feet of finished basement office space, conveniently accessible via two stairways and an ADA-approved floor lift. Safety and security are ensured with a comprehensive system including fire alarms, smoke alarms, and both interior and exterior video surveillance. The building also benefits from a relatively new HVAC system, updated flooring, and fresh wall treatments on each level. Its prime location in Johnstown, NY (zip code 12095), makes it ideally suited for a variety of commercial uses, particularly medical or government offices. The asking price for this turnkey property is $375,000. This represents a compelling opportunity to acquire a high-quality, well-maintained commercial property in a desirable location. The property's size, features, and condition make it an attractive investment for discerning buyers seeking a strong return.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 8,200 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Home Health Care Partners Inc Home Health Care Service
    • Piechnik-Brigg Diane C Physician
    • Gil Jody Medical Clinic
    • Eipp Sarah E Physician
    • Yavonne Yager Magliocca Community Health Centre
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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