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1405 Atherton StState College, PA 16801

Prime Retail Space, Autoport District

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, located at 1405 S Atherton St in State College, Pennsylvania, offers a unique investment opportunity within the burgeoning Autoport District. The site encompasses between 1 and 12.59 acres of land zoned Planned Commercial 2, providing flexibility for various retail developments. This Class B property is situated in a high-traffic area, boasting 27,000 vehicles per day on S Atherton St, which runs through Centre County's highest income bracket. Its strategic location, just five minutes from Route 322 and three minutes from downtown State College, ensures excellent accessibility. The property benefits from proximity to Penn State University (one mile west) and numerous shopping centers (one mile east), catering to a diverse population including students, residents, and tourists. The Autoport District itself is a modern, high-end development featuring a distinctive farmhouse design aesthetic. Development options include in-line retail spaces with awnings and shared outdoor areas, a large restaurant pad, or a hotel/multi-family pad. The surrounding area includes established businesses such as a Ramada Inn, Giant grocery store, and various fast-food restaurants, further enhancing the property's appeal. This location serves as a gateway to Rothrock State Forest, attracting outdoor enthusiasts from a wide radius (up to 45 minutes away). The South Atherton Trade Area, where this property is located, serves the highest income bracket in Centre County, while also accommodating a large student population and a good mix of all ages. The site presents a compelling opportunity for developers seeking to capitalize on the strong demographics and high visibility of this prime location in State College, Pennsylvania. The property is in Centre County, which has a population of 158,172, and State College itself has a population of 41,092, plus an additional 47,000 Penn State University students.

Highlights

  • 1-12.59 acre commercial lot in State College, PA's Autoport District, zoned Planned Commercial 2.
  • High-traffic location on S Atherton St (27,000 VPD), serving Centre County's highest income bracket.
  • Excellent accessibility: 5 minutes from Route 322 and 3 minutes from downtown State College.
  • Development options include in-line retail, large and small restaurant pads, and a hotel/multi-family pad.
  • Proximity to Penn State University and numerous shopping centers.

Property Details for 1405 Atherton St

Property type
Retail properties, Land
RSF (Rentable sq. ft)
548,420 SF
Class
B

Unit(s) available at that property

Space
Size
548,420 SF

Location Insight

City
State College
County
Centre
State
Pennsylvania
Latitude
40.7850793
Longitude
-77.8408131
1405 Atherton St, State College, Pennsylvania

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1405 Atherton St
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