2-8 Main St, Johnstown, NY 12095
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.