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Property profile & analytics
OFF-MARKET Estimated value $700,000
Investment properties

338 Comrie Ave Johnstown, NY 12095-1064

7,260 SF 0.7 ac lot Built 1972
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US63-0686763
Property summary
AI-generated overview

This exceptional mixed-use property, located at 338 N Comrie Ave in Johnstown, NY, presents a unique investment opportunity. Situated on a sizable 0.7-acre lot, the property offers significant potential for a variety of commercial ventures. The building's current configuration and square footage are to be determined by the buyer upon inspection. The property's prime location in Johnstown offers excellent visibility and accessibility, making it an ideal site for businesses seeking a strong presence in the community. The expansive lot provides ample space for expansion, additional parking, or outdoor amenities, depending on the intended use. This versatile property is well-suited for a range of commercial applications, from retail and office space to light industrial or service-based businesses. Given its size and location, this property represents a rare opportunity to acquire a significant commercial asset in a desirable area. Further due diligence is recommended to fully assess the property's potential and to determine its suitability for specific business plans. The property is being offered at a price to be determined, reflecting its significant potential and the opportunity for value creation. Interested parties are encouraged to schedule a viewing to explore the possibilities. The absence of a listed price allows for flexible negotiations and a tailored approach to meet the needs of the prospective buyer.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1972
Total area 7,260 SF
Lot 0.7 ac (30,492 SF)
Zoning code 05 - COMMERCIAL
APN 170800 163.5-4-1
UPID US63-0686763
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
Current use
Occupant on record · Public records
  • Handy Ups & Downs Thrift Store Discount Store
  • Northeast Parent-Child Society Association / Organization
  • New Process Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$458k
Blend (final) Blend
$700k
Owner & transaction history
Fulton And Montgomery INC
Fulton And Montgomery INC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
05 - COMMERCIAL · Johnstown, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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