309 Montgomery St, Johnstown, NY 12095-2435
This exceptional mixed-use property, located at 309 W Montgomery St Unit 309 in Johnstown, NY, presents a compelling investment opportunity. Situated on a generous five-acre lot, this property offers significant potential for a variety of uses. The building's square footage is currently undetermined and requires further assessment. The asking price is $995,000, reflecting the property's substantial land size and development potential within the vibrant Johnstown community. The property's mixed-use zoning allows for flexibility in its future development, catering to a range of commercial and potentially residential applications. Given the expansive lot size, there is ample room for expansion, redevelopment, or the addition of complementary structures. This presents a unique chance to acquire a significant piece of real estate in a growing area. Prospective buyers are encouraged to conduct their own due diligence to fully explore the possibilities this property offers. The absence of specified square footage necessitates an on-site inspection to determine the precise dimensions and layout of the existing building. This property is being offered as-is. Serious inquiries only.
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Visiting Nurses Home Care Home Health Care Service
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The Family Counseling Center Medical Clinic
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Balanced Health Physical Therapy Physician
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Steven Hulbert Graphics & More (Bike/Boat/Book/etc) Store Printing Service
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Enviro-Smart Roofing Services Roofing Company General Contractor
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
05 - COMMERCIAL · Johnstown, NYJohnstown. 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.