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Property profile & analytics

550 Galleria Dr Johnstown, PA 15904-8900

  • Super regional malls
  • 6.63 lot acres
OFF-MARKET
Last Sale
Dec 29, 2021
$500,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-3492246
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bon-Ton / Men'S Clothing Store / Baby Clothing Store

Property Details for 550 Galleria Dr

Year built
1992
Lot size
6.63 lot acres
Property type
Super regional malls
APN
050 115345
APU
50115345

Description

This exceptional commercial property, formerly occupied by Bon-Ton, presents a unique investment opportunity in Johnstown, PA. The entire 81,218-square-foot, two-story building is available, or it can be divided into spaces starting at 10,000 square feet. Situated within the Galleria Mall, this Class B building boasts convenient access to I-217 and Galleria Drive, offering high visibility and ample parking (600 spaces). Each floor features separate mall and ground-level parking entrances, eliminating the need for stairs. While the building requires some cosmetic improvements and repairs, it's in good overall condition, and the roof is under warranty. The 10-foot ceilings provide a spacious feel. The property is zoned for general business use and sits on 6.7 acres. The building's location within the mall is proximate to the main entrance from US 217. The mall is undergoing renovations and improvements to common areas under new ownership, indicating a positive outlook for the area. This property is ideal for traditional or medical office uses, offering flexibility and significant potential. The property's APN is 50-004. -160.002, located in Cambria County.


Value Estimations

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  • CAP approach

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Location Insight

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  • Local Demand
City
Johnstown
County
Cambria
State
Pennsylvania
Longitude
-78.8335
Latitude
40.2965
CBSA code
27780
CBSA name
JOHNSTOWN, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,764
$105,600
$82,400
$188,000
-
$105,600
$82,400
$188,000
More about this property
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