1405 Atherton StState College, PA 16801

Property Details for 1405 Atherton St

Lot size

4.25 AC

Property type

Other commercial real estate

APN

36-026-,224-,0000-

APU

360262240000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $42,909,552

  Hospitality

  $39,304,920

  Educational

  $32,701,230

  Medical

  $33,825,876

  Retail

  $50,868,580

Location Insight

City

State College

County

Centre

State

Pennsylvania

Latitude

40.7854

Longitude

-77.8402

CBSA code

44300

CBSA name

STATE COLLEGE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].