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    OFF-MARKET
    Mixed-use properties

    106 Carr St, Nicholson, PA 18446

    5,053 SF 2.32 ac lot Built 2000
    Property ID
    US73-3615809
    Property summary
    AI-generated overview

    This exceptional 5,053 square foot mixed-use property in Nicholson, PA, presents a unique investment opportunity. Situated on a 2.32-acre lot, the fully renovated building boasts 13 bedrooms and 17 bathrooms, including two dedicated shower rooms. A significant feature is the existing 10-bed assisted living license, allowing for immediate operation in this capacity. The adaptable design also lends itself to various uses, including residential, congregate care, group homes, or halfway houses. A separate 3-bedroom, 4-bathroom residential wing provides ample living space for owners, staff, or on-site management. The property features attractive landscaping, a grand fountain entrance, and extensive parking. Interior highlights include spacious living areas, a formal dining room, a dedicated office, and two versatile bonus rooms. The property's potential monthly income is estimated at up to $40,000, making it an attractive proposition for investors seeking a turnkey operation with significant upside. This is a rare opportunity to acquire a well-maintained, licensed facility with substantial potential in a desirable location. The property's versatility and existing infrastructure offer a strong foundation for a variety of successful business models.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 2000
    Total area 5,053 SF
    Lot 2.32 ac (101,059 SF)
    UPID US73-3615809
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Bridges at Nicholson Personal Care Geriatric Care Provider Nursing Home
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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