State St Johnstown, NY 12095
This exceptional mixed-use property presents a significant investment opportunity in the vibrant city of Johnstown, New York. Situated on a substantial 31-acre lot, the property at E State St Unit L8 offers considerable potential for a variety of uses. The current configuration is mixed-use, providing flexibility for a savvy investor to tailor the space to meet specific market demands. The asking price is $1,700,000, reflecting the significant land holdings and the potential for future development or expansion. The property's location on E State St offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Johnstown. Given the size of the land parcel, there is ample room for future construction or expansion of existing structures. Detailed information regarding the existing building's square footage and specific zoning regulations is readily available upon request. This is a rare opportunity to acquire a substantial mixed-use property in a desirable location with significant upside potential. Serious inquiries are encouraged to explore the possibilities this unique offering presents. The property's location within Johnstown provides easy access to local amenities, transportation routes, and a strong local workforce. This makes it an ideal location for a variety of businesses and commercial ventures. Don't miss this chance to secure a prime piece of Johnstown real estate.
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.