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Listed by THE COLONY AGENCY
$ 255,000
Est. payment /mo
Active
308 3rd St California, PA 15419
2,800 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1738229
HOA Y/N No
Annual Tax Amount $3,704
Lot Size 2,800 Sqft
Acres 0.0643
Property Sub-Type Retail
Property Description
Prime Mixed-Use Investment: High Visibility & Proven Cash Flow
Location: 308-310 3rd St, California, PA 15419
The Opportunity: Secure a turnkey, stabilized asset in the heart of California, PA. This exceptional mixed-use property combines a high-traffic commercial storefront with high-demand residential units, offering a diversified and robust income stream from day one. Located on the town's main thoroughfare, this property boasts maximum visibility and is in pristine condition.
Property Highlights
Ground Level Commercial (1,650 SF): Currently home to a well-established, long-term Salon and Spa. This anchor tenant provides a reliable foundation for your investment in a high-visibility retail corridor.
Second Floor Residential: Features two (2) well-maintained residential rentals. Thanks to the property's prime location—just minutes from the Pennsylvania Western University (CalU) campus—these units stay in high demand with a consistent pool of renters.
Ancillary Income: Boost your ROI with additional revenue from on-site laundry. A washer and dryer are conveniently located in the second-floor common area for tenant use.
Condition: This is a "pride of ownership" building. Meticulously maintained and in exceptional condition, it requires no immediate capital expenditures, making it a true "plug-and-play" addition to your portfolio.
Strategic Location
Situated on the main street of California, PA, the property benefits from significant foot traffic and automotive visibility. Its proximity to the university makes it a perennial favorite for student and faculty housing, ensuring vacancy rates remain at a minimum.
Investment Verdict
Whether you are looking to expand an existing portfolio or make your first move into mixed-use real estate, 308-310 3rd St offers the perfect blend of stability and growth. With a long-term commercial tenant, a high-demand residential location, and extra income opportunities, this dynamic investment is built to perform.
Don't miss out—strong cash-flow properties in this condition do not stay on the market long!
Location: 308-310 3rd St, California, PA 15419
The Opportunity: Secure a turnkey, stabilized asset in the heart of California, PA. This exceptional mixed-use property combines a high-traffic commercial storefront with high-demand residential units, offering a diversified and robust income stream from day one. Located on the town's main thoroughfare, this property boasts maximum visibility and is in pristine condition.
Property Highlights
Ground Level Commercial (1,650 SF): Currently home to a well-established, long-term Salon and Spa. This anchor tenant provides a reliable foundation for your investment in a high-visibility retail corridor.
Second Floor Residential: Features two (2) well-maintained residential rentals. Thanks to the property's prime location—just minutes from the Pennsylvania Western University (CalU) campus—these units stay in high demand with a consistent pool of renters.
Ancillary Income: Boost your ROI with additional revenue from on-site laundry. A washer and dryer are conveniently located in the second-floor common area for tenant use.
Condition: This is a "pride of ownership" building. Meticulously maintained and in exceptional condition, it requires no immediate capital expenditures, making it a true "plug-and-play" addition to your portfolio.
Strategic Location
Situated on the main street of California, PA, the property benefits from significant foot traffic and automotive visibility. Its proximity to the university makes it a perennial favorite for student and faculty housing, ensuring vacancy rates remain at a minimum.
Investment Verdict
Whether you are looking to expand an existing portfolio or make your first move into mixed-use real estate, 308-310 3rd St offers the perfect blend of stability and growth. With a long-term commercial tenant, a high-demand residential location, and extra income opportunities, this dynamic investment is built to perform.
Don't miss out—strong cash-flow properties in this condition do not stay on the market long!
Location
State PA
County Washington
Area California
Zoning C-2
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Road Frontage County Road
Total Parking Spaces 2
Building
Structure Type Brick,Frame
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