252 Main St, Johnson City, NY 13790
This vacant 4,710 square foot storefront at 252 Main Street in Johnson City, NY, presents a unique investment opportunity. Built in 1960, this three-story building sits on a 0.04-acre lot and is zoned UMF, offering versatile layout potential. Architectural plans are available, detailing a large first-floor commercial space with storefront, office, storage, and restroom. The upper two floors comprise a five-bedroom apartment, ideal for student housing given its proximity to nearby schools (a five-minute walk). The asking price is $175,000, translating to $37.15 per square foot. This high-traffic location offers immense potential for retail businesses seeking a prominent presence in the Johnson City area. The property's historic character combined with its adaptable design makes it an attractive prospect for investors looking to create a vibrant commercial and residential hub. The building's size and location make it a compelling investment in a dynamic market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OSD · Johnson City, NYJohnson City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.