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Property profile & analytics
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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