1430 Atherton StState College, PA 16803

For Lease
  • Turn key restaurants
  • 2.20 AC

Property Details for 1430 Atherton St

Lot size
2.20 AC
Property type
Turn key restaurants
APN
24-012-,025-,0000-
APU
240120250000

Description

This exceptional 16,000 square foot retail property, located at 1430 N Atherton Street in State College, Pennsylvania (zip code 16803), presents a rare opportunity for businesses seeking high-visibility locations. The entire 16,000 square feet is currently vacant, offering flexibility for a single large tenant or multiple smaller occupants. The property is classified as a shopping center and is zoned for retail use. Its prime location on Atherton Street places it within a prominent retail corridor of State College, ensuring high foot traffic and excellent brand exposure. The property's size allows for a wide range of retail concepts, from large-format stores to smaller boutiques. The address is 1430 N Atherton Street, State College, PA 16803. The latitude and longitude coordinates are 40.8055069 and -77.8883087 respectively. This is a unique opportunity to establish a presence in a thriving and highly desirable retail market. The property's size and location make it an ideal investment for businesses seeking significant growth potential. The completely vacant space allows for complete customization to suit the needs of the tenant(s). Serious inquiries are encouraged to explore this exceptional retail opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $28,526,252
    6.5%
    $26,331,926
    7%
    $24,451,074
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,148,468
    Geo Method
    $21,769,920
  • Alternative Use

    Use
    Valuation
    Residential
    $22,211,964
    Hospitality
    $20,346,040
    Educational
    $16,927,666
    Medical
    $17,509,834
    Retail
    $26,331,926
1430 Atherton St, State College, Pennsylvania
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Location Insight

City
State College
County
Centre
State
Pennsylvania
Latitude
40.8053
Longitude
-77.8886
CBSA code
44300
CBSA name
STATE COLLEGE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,236
$228,750
$86,125
$314,875
-
$457,500
$172,250
$629,750

FAQs

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Please email our support team at support@paperhouses.co and they will add the team member.
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