Property profile

204 Harrison St Johnstown, NY 12095

FOR SALE
Warehouses
Property ID
US63-3282390
9,000 SF 1 ac lot Built 1980
Individually Owned 22-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the vibrant city of Johnstown, New York. Situated at 204 Harrison Street, Unit 204, this offering encompasses a substantial one-acre lot, providing ample space for development or expansion. The property's address is highly visible and accessible, offering excellent exposure for any business. While the precise square footage of the building is currently unavailable, the expansive lot size alone makes this a compelling proposition for entrepreneurs and investors alike. The asking price of $389,000 represents a competitive entry point into the Johnstown commercial real estate market. The property's "Other" classification suggests versatility in its potential uses, allowing for a wide range of business applications. Given its location and size, this property is ideally suited for a variety of commercial ventures, from retail establishments to light industrial operations. The significant land area offers considerable potential for future development and customization to meet specific business needs. This is a rare opportunity to acquire a substantial commercial property in a desirable location at an attractive price. Serious inquiries are encouraged to explore the full potential of this promising investment. Further details regarding the building's specifications are available upon request.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 9,000 SF
Lot 1 ac (43,560 SF)
Zoning code M2
APN 170500 163.10-3-4
UPID US63-3282390

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store

Location

204 Harrison St Johnstown, NY 12095
Johnstown metro Census 970800 GLOVERSVILLE, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

Zoning & alternative use

M2 · Johnstown, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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