For Sale
$315,000

2123 College AveState College, PA 16801

State College Office/Retail Space. Excellent Location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional State College investment opportunity presents a 5,000 square foot, Class B, multi-tenant office building situated on a 1.7-acre lot at 2123 E College Ave, 16801. Built in 2009 and renovated in 2018, the property features two single-story buildings offering a modern, open floor plan with sleek finishes. Currently configured as a showroom, the space is highly adaptable to various uses. The property boasts 56 parking spaces and prominent monument signage on a high-traffic road (over 22,000 vehicles daily), providing excellent visibility and accessibility. Conveniently located near Route 322 and Penn State's main campus and Beaver Stadium, this property benefits from a strong tenant base and high foot traffic. The asking price is $315,000, and the property is zoned C1 - Commercial General. A diligent condo association handles exterior maintenance, minimizing owner responsibilities. Each suite has a separate private entrance. Utilities, trash, and janitorial services are the tenant's responsibility under a Net-Net lease structure. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a prime State College location. The property's APN is 19-004A, 017-2123D.

Highlights

  • On-site ample parking.
  • Monument signage on main road.
  • Private suite entrance.
  • Close proximity to Penn State Main Campus and Beaver Stadium.

Property Details for 2123 College Ave

Property type
Retail properties, Office properties
Square Feet
5,000 SF
Class
B
Year Built/Renovated
2009/2018
Buildings
2
Stories
1
Lot Size (sq. ft)
74,052 SF

Location Insight

City
State College
County
Centre
State
Pennsylvania
Latitude
40.8207151
Longitude
-77.8164689
2123 College Ave, State College, Pennsylvania

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2123 College Ave
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