2778 State Highway 67, Johnstown, NY 12095

11 Photos

Property Description

Rare opportunity in the Fonda-Fultonville Central School District to acquire approximately 132 acres offering an exceptional combination of established income and long-term land value. An expansive solar farm currently operates under a long-term lease with 20+ years remaining. The lease currently generates more than $20,000 annually, with scheduled increases bringing annual income to over $50,000 by the end of the current term. Two additional extension options offer even greater long-term upside, with potential remaining lease revenue exceeding $1.5 million if both extensions are exercised. Complete lease and rent schedule available for qualified buyers. Beyond the solar operation, substantial additional acreage provides considerable added value and opportunity, with potential for continued agricultural use, subdivision, development, or other uses, subject to lease terms, zoning and municipal approvals. The property is further improved with a single-family mobile home serviced by private well and septic, along with a barn and several additional outbuildings. A unique opportunity to acquire a significant 132-acre holding with increasing passive income, existing infrastructure and improvements, valuable additional acreage, and substantial long-term investment potential.

2778 State Highway 67 | MLS# 202627530

This commercial property located at 2778 State Highway 67, Johnstown, NY 12095 is currently listed for sale with an asking price of $1,350,000. Search Johnstown real estate on www.timberlandproperties.com today.

Gallery

Property Features

Property Type: Commercial - Farm
Cooling: None
Heating: None
Lot Size: 132.00 Acres
Taxes: $5,580

Feature Descriptions

Days on Site: 9
Exterior: Other
Lot Dimensions: 1353x132
Parcel #: 273289 22.-2-3.1
Parking Total: 10
Parking Total: 10
Sewer: Septic Tank
SQFT Building Total: 1944
Water: Well

Demographics

Listed By / Shown By

Listing By

Agency Name: Chad Majewski Real Estate
Agency Phone: 1 518-774-0437

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

IDX logo

Login to My Homefinder