214 Main St Johnson City, NY 13790-2404
- Investment properties
- 7,200 SF
- 0.08 lot acres
Current Use by Public Records
- Investment properties
Property Details for 214 Main St
- Year built
- 1960
- Lot size
- 0.08 lot acres
- Property size
- 7,200 SF
- Zone code
- UMF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 034603 143.57-3-41
- APU
- 3460314357341
Description
This exceptional 3,360 square foot commercial space is situated on a high-traffic section of Main Street in Johnson City, New York, zip code 13790. Currently undergoing renovations, this single-tenant property offers flexible leasing options with a minimum leasable area of 1,000 square feet. The space will be delivered as a "white box," featuring primed walls and electrical infrastructure ready for tenant customization. Alternatively, build-out can be completed by the landlord at an adjusted lease rate. The building, constructed in 1960, is a one-story structure and is classified as both traditional and creative office space, also suitable for retail or restaurant use. Lease terms begin at a minimum of three years. Utilities, including gas, electric, and water, are the responsibility of the tenant. The property boasts a highly visible location within a growing area, making it ideal for businesses seeking significant exposure. There is no on-site parking.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $430,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $415,000
- Mixed-Use
- $435,000
- Hospitality
- $325,000
- Educational
- $435,000
- Residential Income
- $320,000
- Energy
- $320,000
- Income-Based Land
- $355,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Johnson City
- County
- Broome
- State
- New York
- Longitude
- -75.9542
- Latitude
- 42.1146
- CBSA code
- 13780
- CBSA name
- BINGHAMTON, NY METROPOLITAN STATISTICAL AREA