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Property summary
This exceptional mixed-use property presents a unique investment opportunity in the vibrant city of Johnstown, NY. Situated on a sizable 0.81-acre lot at 527 N Perry St Unit 527, this property offers significant potential for a variety of uses. The building's current configuration is classified as mixed-use, allowing for flexibility in development and tenant occupancy. The asking price is $359,000, representing a compelling entry point into the Johnstown real estate market. Given the substantial lot size, there's potential for expansion or redevelopment, subject to local zoning regulations and approvals. The property's location within Johnstown offers convenient access to local amenities, transportation routes, and a thriving community. Further due diligence is recommended to fully assess the property's potential and to determine its suitability for specific business plans. Detailed information regarding the building's square footage and internal layout is available upon request. This is an excellent opportunity for investors seeking a versatile property with significant upside potential in a desirable location. Serious inquiries are encouraged to explore this promising investment prospect further. The property is offered as-is.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
06 - INDUSTRIAL · Johnstown, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 06 - INDUSTRIAL in Johnstown, NY.
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- Alternative use
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