322 3rd St, California, PA 15419
SINGLE_FAMILY - California, PA
- 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
Listing agent Cindy Schmidt (724) 941-1427
Listing office REALTY ONE GROUP GOLD STANDARD 1179 Rostraver Road, Mcmurray, PA (724) 941-1427
Listing date Apr 13, 2026
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
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 |
Alternative Uses
Current Use by Public Records
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