322 3Rd StCalifornia, PA 15419

For Sale
$179,000

1500 sq ft retail space plus apartments.

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a 1500-square-foot retail space ideally situated in the vibrant college town of California, Pennsylvania. The main level boasts ample space for a variety of retail businesses, complete with all fixtures, including two cash registers, a security camera system, and an alarm system. A convenient office and storage area are also included within the main retail space. Note that the storefront is subject to a four-year restriction prohibiting use as a drugstore or beauty supply store. Adding significant value, the property includes two upstairs apartments, each featuring two bedrooms, a refrigerator, and a stove. A shared washer and dryer is conveniently located in a common area. Access to the apartments is secured via two separate entrances. A 1.5-car garage is also part of the property and can be rented out for additional income. A large basement provides extensive storage space. This property sits on a 0.08-acre lot (approximately 23ft x 153ft). Furthermore, there's a potential to acquire a separate 13-car parking lot across the street, measuring approximately 24ft x 150ft and 25ft x 151ft, which is currently generating rental income. This presents a unique opportunity to expand the investment portfolio and enhance the overall profitability of this already attractive property. The asking price for this combined retail and residential property is $179,000.

Property Details for 322 3Rd St

Property type
Retail properties, Other retail properties
Lot Size (sq. ft)
3,485 SF

Location Insight

City
California
County
Washington
State
Pennsylvania
Latitude
40.0668
Longitude
-79.89074
322 3Rd St, California, Pennsylvania

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322 3Rd St
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