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Property profile & analytics
OFF-MARKET
Assisted living facilities

267 Main St Johnstown, OH 43031-1018

13,667 SF 0.95 ac lot Built 1970
Entity Owned 12-yr Hold Free & Clear
Property ID
US66-1300286
Property summary
AI-generated overview

This exceptional mixed-use commercial property, situated at 267 N Main Street in Johnstown, Ohio, presents a unique investment opportunity. Spanning 27,334 square feet on a 0.95-acre lot, this two-story brick building boasts high visibility on North Main Street (Route 37), just north of OH62, ensuring excellent exposure to a high volume of traffic. Ample parking is available on-site. The property's strategic location offers easy access to New Albany, a mere 8-minute drive away, and the site of the Intel construction project. Previously occupied by Northview Senior Living Center, the building is currently vacant and offered in "AS IS" condition. The lower level exhibits mold. The property's substantial size and versatile layout lend themselves to a variety of potential uses, subject to obtaining the necessary zoning approvals. Examples include, but are not limited to, a school, call center, office building, federal building, senior living facility, rehabilitation center, or nursing home. This represents a significant price reduction, now listed at $1.2 million, making it an attractive proposition for developers and investors seeking a substantial property in a rapidly developing area.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1970
Total area 13,667 SF
Lot 0.95 ac (41,382 SF)
APN 053-178074-00.000
UPID US66-1300286
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
C & Z Associate LLC · 12 yrs held
C & Z Associate LLC
since 2014
2 recorded transactions
2015
Price N/A
2014
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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