2 Market StJohnstown, NY 12095

  • Investment properties
  • 3,768 SF

Property Details for 2 Market St

Year built
1960
Lot size
0.25 AC
Property size (Sq ft)
3,768 SF
Zone code
05 - COMMERCIAL
Property type
Investment properties
Property subtype
Retail residential properties
APN
170800 174.8-6-33
APU
1708001748633

Description

This exceptional office space is situated at 2 South Market Street, Unit 10, in the heart of Johnstown, New York. The property is classified as an office space and offers a convenient downtown location. While the exact square footage is currently unavailable, the address provides easy access to local amenities and businesses. The property is situated on a lot with zero acres, indicating a compact and efficient footprint. The asking price for this property is currently undisclosed. This presents a unique opportunity for businesses seeking a well-positioned office space in a thriving community. The unit's location on South Market Street offers high visibility and accessibility for clients and employees. Interested parties are encouraged to inquire for further details regarding square footage, lease terms, and pricing. This property is perfect for a small business or professional looking for a centrally located office in Johnstown. Its prime location and undisclosed price make it a compelling investment opportunity. Further information, including specifics on lease terms and pricing, is available upon request. Don't miss this chance to secure a desirable office space in a vibrant downtown setting.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,160,677
    6.5%
    $1,071,394
    7%
    $994,866
  • Comparable approach

    Method
    Valuation
    Relative Method
    $768,236
    Geo Method
    $763,107
  • Alternative Use

    Use
    Valuation
    Residential
    $1,071,394
    Hospitality
    $981,391
    Educational
    $816,506
    Medical
    $844,587
    Retail
    $1,270,120

Location Insight

City
Johnstown
County
Fulton
State
New York
Latitude
43.006
Longitude
-74.3723
CBSA code
24100
CBSA name
GLOVERSVILLE, NY MICROPOLITAN 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
0
-
$19,500
$139,500
$159,000
-
$26,000
$186,000
$212,000

FAQs

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