508-512 Main St, Johnstown, PA 15901
This exceptional commercial property, located at 508-512 Main Street in Johnstown, Pennsylvania, presents a unique investment opportunity. The three-story building is situated in a desirable location, offering immediate access to Central Park. The ground floor features two commercial or retail spaces, each equipped with central air conditioning. These spaces are ready for immediate occupancy by a variety of businesses. The second and third floors currently offer significant potential for redevelopment. These upper levels could be converted into residential apartments, additional commercial space, or a combination of both, subject to necessary permits and approvals. A large basement provides ample storage space. The property is being sold "as is," and is zoned C3. The asking price for this versatile property is $99,000. With its prime location, flexible zoning, and substantial space, this building offers a compelling opportunity for investors seeking a high-return property in a vibrant urban setting. The property's address is 508-512 Main Street, Johnstown, PA 15901.
-
The Honeypot Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
No recorded transactions found for this property.
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.