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Property profile

251 Main St Johnson City, NY 13790

OFF-MARKET
Investment properties
Property ID
US63-1039533
View Sample
6,460 SF 0.08 ac lot Built 1960
Individually Owned 1-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional 6,460 square foot storefront property at 251 Main Street in Johnson City, New York, presents a remarkable investment opportunity. Built in 1960, this three-story building sits on a 3,448 square foot lot and is currently vacant, offering a blank canvas for a discerning buyer. The asking price is $175,000, translating to $27.09 per square foot. Located in Broome County, NY, 13790, this high-visibility property boasts prominent street frontage, ensuring maximum exposure for any retail venture. The property is zoned UMF, allowing for a variety of retail uses. Architectural plans are available, detailing a potential conversion into four residential units (three two-bedroom units and one four-bedroom unit). This presents a unique opportunity to capitalize on both retail and residential markets. The building's substantial size and prime location make it an ideal space for a diverse range of retail businesses seeking a prominent presence in a thriving community. Don't miss this chance to acquire a significant commercial property with substantial redevelopment potential in a desirable New York location.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1960
Total area 6,460 SF
Lot 0.08 ac (3,450 SF)
Zoning code UMF
APN 034603 143.57-2-31
UPID US63-1039533

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
  • Barber Shop
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$135k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2025
Last sale
$150,000
3 recorded transactions
2025
$135,000
2022
$150,000
2013
$93,750

Zoning & alternative use

UMF · Johnson City, NY
Zoning description

UMF Suburban Multifamily SMF B. The residential district names and map symbols are intended to provide a general indication of what is allowed in the district by denoting the residential densities (urban, suburban, or ru…

General category RESIDENTIAL

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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