110 Regent CtState College, PA 16801

Property Details for 110 Regent Ct

Lot size

0.10 AC

Property type

Office properties

Property subtype

Office buildings

APN

19-605-,044-,C200-

APU

19605044C200

Description

This exceptional 1,421 square foot office condominium, located at 110 Regent Court, Suite 200, State College, PA 16801, presents a unique owner-user opportunity. Situated in a Class B building constructed in 1990 and renovated in 2020, this property boasts a versatile layout ideal for various professional uses, including executive, medical, or traditional office settings. The suite features a welcoming waiting area, multiple private offices, a dedicated staff area, a spacious meeting room, and convenient storage or lunch space. Enjoy the added benefit of direct access to a private roof terrace. The property is zoned Residential Office (R/O) and offers excellent visibility from the high-traffic South Atherton Street corridor. The unit is available for occupancy on November 30, 2024. The asking price is $319,000. This is a single-unit property with a net rentable area of 1,421 square feet. The property's APN is 19-605-,044-,C200-. This is an excellent opportunity to acquire a well-maintained and conveniently located office space in a thriving Pennsylvania community.

• CAP approach

  CAP return

  Valuation

  6%

  $929,381

  6.5%

  $857,890

  7%

  $796,612

• Comparable approach

  Method

  Valuation

  Relative Method

  $444,909

  Geo Method

  $274,036

• Alternative Use

  Use

  Valuation

  Residential

  $1,063,783

  Hospitality

  $974,420

  Educational

  $810,706

  Medical

  $838,587

  Retail

  $1,261,098

Location Insight

City

State College

County

Centre

State

Pennsylvania

Latitude

40.7843

Longitude

-77.8226

CBSA code

44300

CBSA name

STATE COLLEGE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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