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!
Prime Investment Opportunity! Commercial property with Residential Update. Located in high-visibility area with commercial zoning, this income-generating gem offers immediate cash flow and long-term rental protentional. The main floor is currently leased to a dependable long-term tenant, ensuring stable monthly returns from day one. Multiple patient rooms, large gathering room as well as a kitchenette and bathroom. Upstairs, you'll find a move-in ready 1 bedroom apartment- ideal for owner occupancy or additional passive income. Just steps from bus routes and minutes from shopping centers, dining and major interstates (70&43). This location offers convenience and accessibly for both tenants and clientele. Whether looking to diversify your portfolio or step into real estate investment with a head start, this property checks all the boxes: location, stability, versatility and instant revenue.
WOW.. THE VIEW!!! INVESTORS HERE YOU GO.. THE ICONIC HIGHPOINT RESTURAUNT IS READY FOR ONE THE PERSON WITH A LIMITLESS IMAGINATION. AN OFFICE BUILDING, A HOME, BANQUET HALL, RESTURANT, FAST FOOD, DR OFFICE, PROFFESSIONAL COMPLEX, OR A STUDIO, ARE JUST SOME OF THE POSSIBLITIES FOR THIS AMAZING PIECE OF REAL ESTATE. THE AMAZING VIEWS FROM ANY PART OF THE PROPERTY OVER LOOKS THE HOSESHOE BEND OF THE MON RIVER, CALIFORNIA UNIVERSITY AND THE TOWN OF NEWELL. THIS PROPERTY WAS CAREFULLY ENGINEERED TO OVERLOOK THE VALLEY DIRECTLY OFF OF HIGHPOINT ROAD AND WAS METICULOUSLY ENGINEERED TO HOST A LARGE RESTURANT. THE MASSIVE DECK IS REMARKABLE AND THE VIEWS ARE UNBELIEVABLE. THE FULL KITCHEN HASNT BEEN RUN SINCE COVID, BUT COULD EASILY BE BROUGHT BACK TO LIFE. THE LARGE OPEN GREAT ROOM WITH WORKING FIREPLACE IS A PERFECT SIZE FOR DINING, BOARD ROOM, OR EVEN A BANQUET ROOM. THE SECOND DINING ROOM IS ALSO VERY LARGE, INCLUDES ITS OWN ENTRANCE AND IS RIGHT OFF THE MASSIVE DECK. CLOSE TO 70,43,& 40
Two commercial spaces with four residential units for sale! 3rd fl of 346 3rd St has the potential to become another apt or loft. 344 3rd Street is a turn-key asian restaurant with a 2-BDR, 1 Bath apt upstairs. Back half of the restaurant is where you'll find a large storage space. Restaurant can be remodeled to have more seating and a larger kitchen, and basement can be updated to be the storage space. 346 3rd St was once a chiropractic office with 2-2BDR 1bath and 1-1BDR 1 bath apt on the second floor. 3rd fl, as mentioned previously, has the potential to become an extraordinary space with your imagination and personal touch. With everything renovated, the property has the possibility to generate over $6K in monthly rent. For entrepreneurs, use one space rent free and renovate the others to generate extra income! Property is very close to the California University of Pennsylvania.
3 buildings including Pa. State Liquor store, office building with 4 apartments and 1 separate 2-bedroom house. 2376 square foot first floor of office building plus 1 bedroom apartment. 2nd floor, 2-2-bedroom apartments and 1 2-bedroom apartment. Two-story single-family house in rear of building. New 5-year lease currently being negotiate with Pa. for liquor store. Total annual income not including office space is $ 56,000 yearly. Office sq ft is 1,100 and is currently occupied by owner. All apartments include refrigerators, stoves, dishwashers, central air. Washer and Dryer in common area for tenant's use. Tenants pay all utilities. Apartment D and the single house have refrigerators, stove, washer and dryers and house has central air.
Centrally located in downtown business district. 3000 sq. ft on 1st floor. 2nd story could be remodeled to 3-4 apartment. New roof, exterior siding, 3 paved parking places in rear of building. Formally J Coles tavern. New electrical entrance and wiring. First floor open with handicap bathroom and owner's bathroom. Can be conformed to whatever. 2nd floor has 2 means of egress. Next to busiest corner; quick fill, rite aid and traffic light. 1 1/2 blocks to Cal U.
Centrally located in business district. 4000 square feet. New $20,000 roof, interior excellent condition. Ideal for office space, doctor, etc. Paved parking lot on sight. Extra lot can be used for parking, is available. All utilities, including central air, hvac modern, all wiring updated. Move in condition if it suits your needs.
Great investment and business opportunity in this quaint college town of California !! 1500 square feet retail space on main level and lot size is 23x153 . All fixtures are included, 2 cash registers,cameras and alarm system. Main floor features an office and storage area also. Storefront is prohibited from being used as a drugstore or beauty aids for two years. Building also includes two apartments upstairs' with two bedrooms each that include a refrigerator and stove and a washer /dryer in common area .Apartments can be accessed by two secure entrances.There is a 1 1/2 car garage included that can be rented. The huge basement is great for extra storage. Also an opportunity to purchase a 13 car parking lot across the street that are rentals ,measuring 24X150x25x151.
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California is located in Pennsylvania. California, Pennsylvania has a population of 5,628. California is more family-centric than the surrounding county with 32.44% of the households containing married families with children. The county average for households married with children is 27.71%.
The median household income in California, Pennsylvania is $42,879. The median household income for the surrounding county is $68,787 compared to the national median of $69,021. The median age of people living in California is 22.8 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 39.3 inches per year, with 19.2 inches of snow per year.
