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Investment Highlights

  • Building has a kitchen

Executive Summary

Turn-Key Investment Opportunity in the City of Johnstown!! Excellent opportunity for investors or owner-operators to acquire a turn-key mixed-use property with multiple income streams. The main level features an established Café/Restaurant with fully operational Kitchen (equipment included) making it ready for continued operation or a new concept with minimal startup costs. The main floor also includes an area with Gaming Skills Machines and two Pool Tables, providing additional built-in revenue and strong neighborhood appeal. The upper levels offer two apartments with significant value-add potential. One unit is partially finished, while the second has been fully gutted and is ready to be completed, creating the opportunity for future rental income and increased overall cash flow once renovations are finished. The private parking lot provides convenient off-street parking - a valuable feature for this downtown location. Key improvements have already been completed, helping reduce immediate capital expenses. With existing business infrastructure, equipment included and two apartments, this property offers flexibility for investors looking to generate income while adding value through the completion of the apartment units. Don't miss this unique opportunity to own a versatile property with expansion potential in a convenient Johnstown location!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,130 SF
Building Class
C
Year Built/Renovated
1950/2020
Price
$207,477 CAD
Price Per SF
$33.85 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.95
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
68’ on CHURCH AVE
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
080-004652
Land Assessment
$2,934 CAD
Improvements Assessment
$24,886 CAD
Total Assessment
$27,820 CAD
  • Listing ID: 31664743

  • Date on Market: 2024-05-01

  • Last Updated:

  • Address: 1002 Church St, Johnstown, PA 15901

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