208 Perry StJohnstown, NY 12095

Property Details for 208 Perry St

Year built

1964

Lot size

0.50 AC

Property size (Sq ft)

5,303 SF

Zone code

05 - COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

170800 162.20-11-77

APU

170800162201177

Description

This exceptional retail property, located at 208 N Perry St Unit 208 in Johnstown, NY, presents a unique investment opportunity. Situated on a desirable half-acre lot, this property offers significant potential for a variety of retail businesses. The building's precise square footage is currently unavailable, however, the generous lot size allows for ample expansion or outdoor space utilization. The asking price for this prime retail space is $150,000. Its location in Johnstown, NY provides access to a strong local market and offers excellent visibility for any business. The property's address is easily accessible, ensuring convenient access for customers and employees alike. This is an excellent chance to establish or expand a retail presence in a thriving community. The half-acre lot provides significant flexibility for future development or expansion, making this a truly versatile investment. Serious inquiries are encouraged to explore the full potential of this remarkable retail opportunity. Further details regarding the building's interior and specifications are available upon request. Don't miss this chance to own a piece of Johnstown's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,936,501

  6.5%

  $1,787,539

  7%

  $1,659,858

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,757,819

  Geo Method

  $1,746,083

• Alternative Use

  Use

  Valuation

  Residential

  $1,507,856

  Hospitality

  $1,381,188

  Educational

  $1,149,132

  Medical

  $1,188,653

  Retail

  $1,787,539

Location Insight

City

Johnstown

County

Fulton

State

New York

Latitude

43.012

Longitude

-74.3709

CBSA code

24100

CBSA name

GLOVERSVILLE, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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