322 3Rd St California, PA 15419
- Investment properties
- 0.08 lot acres
Current Use by Public Records
- Investment properties
Property Details for 322 3Rd St
- Lot size
- 0.08 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 080-008-00-02-0015-00
- APU
- 800080002001500
Description
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.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- California
- County
- Washington
- State
- Pennsylvania
- Longitude
- -79.8907
- Latitude
- 40.0669
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA