2214 Atherton StState College, PA 16803

Property Details for 2214 Atherton St

Lot size

0.52 AC

Property type

Office properties

Property subtype

Office buildings

APN

18-010-,276-,0000-

APU

180102760000

Description

This exceptional 9,000-square-foot office building, located at 2214 North Atherton Street in State College, Pennsylvania, presents a fantastic opportunity for businesses seeking a prominent location. The property, a brick Cape Cod style building, offers convenient access and ample parking. The building's layout is highly adaptable, easily divisible into three 3,000-square-foot suites. Both the lower and second levels provide convenient at-grade access, enhancing functionality and accessibility. This traditional office space is perfect for a variety of businesses. The lower and second levels are available for lease at a rate of $12.00 per square foot, while the third level is offered at $10.00 per square foot. These rates are NNN (Net, Net, Net). The property is situated in Centre County, Pennsylvania, with a zip code of 16803, offering excellent visibility and accessibility within the State College community. This prime location provides a strong foundation for business growth and success. The building's size and flexible layout make it suitable for a single large tenant or multiple smaller tenants. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,586,770

  6.5%

  $4,233,941

  7%

  $3,931,517

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,264,994

  Geo Method

  $2,659,842

• Alternative Use

  Use

  Valuation

  Residential

  $5,250,087

  Hospitality

  $4,809,052

  Educational

  $4,001,074

  Medical

  $4,138,678

  Retail

  $6,223,894

Location Insight

City

State College

County

Centre

State

Pennsylvania

Latitude

40.8095

Longitude

-77.9118

CBSA code

44300

CBSA name

STATE COLLEGE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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