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    Retail Building with Apartments Title is generated by Realmo AI

    322 3rd St, California, PA 15419

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    Claim this Listing
    For Sale
    $169,700

    SINGLE_FAMILY - California, PA

    Type:Retail
    Property size:
    1,500 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $113/SF
    Added:
    Apr 13, 2026
    Days on Market:
    85
    Last Refresh:
    Jul 6 at 8:06 am

    Property Features for 322 3rd St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    C2
    Parking
    13
    Standard status
    Active
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3697

    We can help!

    Contact an agent
    Cindy Schmidt

    Listing agent Cindy Schmidt

    Listing office REALTY ONE GROUP GOLD STANDARD 1179 Rostraver Road, Mcmurray, PA

    Listing date Apr 13, 2026

    MLS# 1748276

    Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 40+ years successful business with 1,500 SF main‑level retail space on a 23 x 153 lot
    • Retail includes all fixtures: 2 cash registers, cameras, and an alarm system
    • Main level has office and storage area
    • Two upstairs apartments with two bedrooms each; includes refrigerator and stove, plus washer/dryer in common area with secure entrances
    • Includes a 1 1/2‑car garage that can be rented and a large basement for additional storage
    • Optional purchase of a 13‑car parking lot across the street (24 x 150 x 25 x 151)

    Overview

    This for-sale mixed-use building includes approximately 1,500 square feet of retail space on the main level, with an office and storage area. The sale includes existing fixtures and equipment such as two cash registers, cameras, and an alarm system. Upstairs, the property features two apartments, each with two bedrooms and appliances including a refrigerator and stove, with a washer/dryer located in a common area. Apartment access is provided through two secure entrances. Additional usable space includes a huge basement for storage. A 1½-car garage is also included and is described as available to rent.

    The property is located at 322 3rd St in California, PA 15419, within a C2 zoning designation. The lot size is noted as 23 x 153. The offering also references a separate opportunity to purchase a 13-car parking lot across the street, with measurements stated as 24 x 150 x 25 x 151.

    For buyers seeking a hands-on setup, the layout supports combining retail income with upstairs residential units, while keeping the retail operations and living space separately accessed. The remarks also note a one-year prohibition on operating the storefront as a drugstore or selling beauty aids, which may affect tenant or business planning during the restriction period.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $22.5k $15.00
    − Vacancy −$900 −$0.60
    EGI $21.6k $14.40
    − OpEx −$6.5k −$4.32
    NOI $15.1k $10.08
    1,500 SF · lease $15.00/SF/yr · vacancy 4.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $216.0K
    $189.0K – $252.0K (±1% cap)
    NOI $15,120 @ 7.0% cap · market cap 8.91%
    Second Best
    Multifamily LT 5
    $186.5K
    $163.2K – $217.6K (±1% cap)
    NOI $13,054 @ 7.0% cap · market cap 7.69%
    Theoretical Best
    Specialty Retail
    $462.2K
    $404.4K – $539.2K (±1% cap)
    NOI $32,354 @ 7.0% cap · market cap 19.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Dental Office Hair Salon Law Firm Spa & Massage Center Daycare Center Skin Care Clinic Food Market Barber Shop Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Anna Marie's Florals and Decor — 223 Wood St, California, PA 15419
    • Brianne Mitchell Florals and Botanica — 223 Wood St, California, PA 15419

    Location Insight

    • Map
    • Local Demand
    City
    California
    County
    Washington
    State
    Pennsylvania
    Longitude
    -79.890737
    Latitude
    40.066883

    FAQs

    What type of property is this?
    Storefront property - Two secure entries connect a main-level retail space with two upstairs two-bedroom apartments in a C2-zoned building.
    Where is this storefront property located?
    The property is located at 322 3rd St California, PA.
    What is the asking price?
    The asking price for this property is $169,700.
    What are key features of this property?
    This property features: 40+ years successful business with 1,500 SF main‑level retail space on a 23 x 153 lot; Retail includes all fixtures: 2 cash registers, cameras, and an alarm system; Main level has office and storage area
    More about this property
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