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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PACE2519536
Year Built 1989
Annual Tax Amount $8,086
Tax Year 2025
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 0.00 x 0.00
Property Sub-Type Other
Source BRIGHT
Property Description
Zoned General Commercial, the property allows for a wide range of business uses, including automotive services, showrooms, financial institutions, medical offices, veterinary clinics and kennels, daycare facilities, hotels, health clubs, salons and spas, funeral homes, and many other commercial ventures.
The existing building, constructed in 1989, is well-maintained and suitable for continued use, renovation, or redevelopment. With a level lot measuring approximately 150' x 560', the site provides flexibility for owner-users, investors, and developers seeking a premier location for expansion.
There is an additional 1,800 sq ft in the lower level with 2 walk-out agresses, and windows with 10' ceilings. This level is currently unfinished but has a separate 200 amp electric service and has been pre-plumbed for 6 dental treatment rooms. Also included are 2 uninstalled commercial lot lights and poles for the rear parking lot. An addition to the rear is easy because of the absence of brick veneer like the rest of the building has.
Situated in the heart of the rapidly growing State College market and home of Penn State University, this property benefits from the area's continued residential, commercial, and institutional growth. The location is surrounded by established retail, hospitality, and entertainment destinations and backs directly to Best Western Plus University Park Inn & Suites and UEC State College 12.
Nearby destinations include:
0.5 miles (3 minutes) to Nittany Mall
0.8 miles (4 minutes) to Walmart Supercenter and Sam's Club
3.4 miles (7 minutes) to Penn State University
4.3 miles (8 minutes) to Mount Nittany Medical Center, Bryce Jordan Center, and Beaver Stadium
A tenant is currently in place, with flexibility regarding future occupancy. Whether you're seeking an income-producing asset, a redevelopment opportunity, or the ideal location for your next business venture, this premier commercial property offers exceptional potential in one of Pennsylvania's strongest university-centered markets.
Your vision is the only limit to what this strategic location can become.
Location
State PA
County Centre
Area College Twp (16419)
Zoning CO
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Carpet
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Water Access N
Roof Type Shingle
Street Surface Paved
Accessibility 2+ Access Exits, Ramp - Main Level
Road Frontage Boro/Township
Total Parking Spaces 20
Garage N
Building
Lot Description Open
Foundation Block
Sewer On Site Septic
Water Public Hook-up Available, Well-Shared
New Construction N
Schools
School District State College Area
Others
Tax ID 19-002B,007-,0000-
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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