1317 Main St Johnstown, PA 15909
- Industrial properties
- 48.46 lot acres
Current Use by Public Records
- MRES Scrap / Waste Management Service
Property Details for 1317 Main St
- Year built
- 1921
- Lot size
- 48.46 lot acres
- Property type
- Industrial properties
Description
This exceptional 48.46-acre industrial property located at 1317 Main Street, Johnstown, Pennsylvania, presents a unique investment opportunity. Boasting heavy industrial zoning, allowing for 24/7 operation, the site benefits from active rail service provided by Class 1 railroads Norfolk Southern and CSX. The potential for substantial power is significant, with a pending load study indicating the possibility of accessing up to 200 megawatts. Infrastructure is robust, featuring industrial water supply, substantial gas lines (8 and 14 inches), and a recently upgraded sewer system. A remodeled diesel shop is already in place, ready for immediate use. Due diligence has been completed, with a phase study concluding that no further environmental action is required. The property enjoys a secured Local Economic Revitalization Tax Assistance (LERTA) designation, and tax-free zone status is pending. Access is further enhanced by a secured highway access permit. The site is completely cleared, with all trash and dilapidated structures having been removed, presenting a clean slate for immediate development or expansion. Priced at $5,900,000, this property offers significant potential for a wide range of industrial uses. The combination of its strategic location, extensive infrastructure, and streamlined permitting process makes this a truly compelling investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Johnstown
- County
- Somerset/Cambria
- State
- Pennsylvania
- Longitude
- -78.879
- Latitude
- 40.3461
