ONLINE AUCTION - Bidding Start July 8, 2024 at 12:00pm Located at 151 Southmont Blvd, Johnstown, PA 15905, the Dollar General Johnstown, PA property offers a rare investment opportunity with a single tenant NN lease expiring in 2031. With a 9,000-square-foot brick building strategically situated in a high-traffic area near residential neighborhoods and a university campus, this property is an income-producing asset. Dollar General, a strong and reliable tenant, recently extended its lease until 2031, with responsibilities including minor repairs, snow removal, and participation in Dollar General's National Insurance Program. An on-site billboard generates additional annual income, adding to the property's appeal. Positioned in a bustling retail hub with over 8,500 residents within a one-mile radius and surrounded by well-known credit tenants like McDonald's and CVS, this opportunity offers stability and potential for long-term success in a commercially vibrant area. Don't miss the chance to invest in this prime retail property at 151 Southmont Blvd, Johnstown, PA 15905. Non-Contingent Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum $10,000 Participation Deposit 151 Southmont Blvd, Johnstown, PA 15905 Investment Highlights NN Lease that Expires 12/31/2031 9,000 SF Building adjacent to ample municipal parking Located 57 Miles East of Pittsburgh Billboard provides an additional $300 annually Retail visits in area up by 3% according to placer AI. Between 4000 and 8000 cars per day Tenant Reimburses taxes over base amount. Over 20,000 population in 1 mile radius $47K median income and growing!
Great investment opportunity!! In the heart of downtown Johnstown, this SPACIOUS commercial property has tremendous potential with the right TLC. Approximate 23,000 square feet . Main level space encompasses a lobby with beautiful chandeliers and two very large rooms an office and two vintage restrooms. There are two storage closets on the first floor. The lower level entails two offices and a large spacious room and two updated bathrooms. Updated Kitchen with microwave is located on the lower level as well. The added enticement is a small private single family home located behind the building. It contains a Kitchen, living, bedroom, bath/ laundry room. There is a one car integral garage and separate garage detached. Being Sold AS IS. Addendum applies.
Commercial mixed-use building in Downtown Johnstown. With 4 commercial spaces and 14 residential units, this building has tremendous potential. Located within walking distance of much that downtown Johnstown has to offer and public transportation, this building is in a prime location for new businesses, apartments, and so much more. The businesses this building has been used for include but aren't limited to a hair salon, coin shop, and leather shop. This is a great investment opportunity with so much potential.
Courtesy: Canaan Realty International
718-445-6789
This Is Coner Commercial/Industry Property,Located At State Hwy 271. It Was Used For Auto -Repaired Shop.Curently Is Vacant. Zoning Is C2-2.Far is 2 .Lot size is 100x133.Building size is 31x100. It Can Be used for any Kinds Of Commercial Use. Idea For Auto-Related ,Repaire Shop,Gas Station,Deli,Whole-Sale Business,Warehouse. First-Time Owner( Self-Used ).Etc
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Johnstown is located in Pennsylvania. Johnstown, Pennsylvania has a population of 19,967. Johnstown is less family-centric than the surrounding county with 14.27% of the households containing married families with children. The county average for households married with children is 24.99%.
The median household income in Johnstown, Pennsylvania is $23,636. The median household income for the surrounding county is $44,943 compared to the national median of $57,652. The median age of people living in Johnstown is 42.9 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 45.9 inches per year, with 79.6 inches of snow per year.
