522 College Avenue E

State College, PA 16801 View Map $0 Schedule a Tour
Sq.Ft.6,500
Year1967
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Status: Active
Property Type:Commercial Lease
MLS #:73072
Sq. Feet:6,500
On Site:65 Days
Lot Size:0.04 Acres
County:Centre
Location, location, location. It doesn't get much better than this. FOR LEASE 6,500 square feet of Commercial first floor store front property. Directly across from Penn State University campus on the main one-way, two-lane road into the State College Business District. Pick the audience for your proposed subject business from the surrounding buildings including the new Rise, the Barcroft 48 residential condos above (which have been increasing in value from $23,000 to recent sales of $150,000 and more per unit), South Halls, The Legend, Park Hills, Campus Tower, Armenara, Bryce Jordan, Gateway, Calder Commons, Ambassador, and more without the need for transportation to subject. Alternately, the possibility exists, subject to zoning approval, to convert the commercial space to residential first floor condos with the 3 regular + 1 handicapped parking spaces underground included. Looking for a 1031 Exchange? Investors, this is a great opportunity to own this prime real estate. Also listed for sale, MLS# 60599.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Community Information

Address:522 College Avenue E State College, PA 16801
County:Centre
School District:State College
Subdivision:State College Boro
Zip Code:16801

Features / Amenities

Business Type: Retail
Business Features: Dividable, Office Space
Off Street Parking: 4
A/C Type: Wall
Heat Type: Forced Air
Fuel Type: Natural Gas

Property Features

Lot Size: 0.04 Acres
Water: Public
Sewer: Public Sewer
Roads: Paved
Zoning:Commercial
Directions:E. College Avenue coming into downtown State College business district, building on left next to the new Rise and directly across street from Penn State University campus.

Tax and Financial Info

Total Taxes: $10,532
Tax Year: 2017

Listing Agent/Office

Listing provided courtesy of Vicki Wedler, Kissinger, Bigatel & Brower/S.

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522 College Avenue E State College, PA 16801
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522 College Avenue E State College, PA 16801
 
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Listing Information Last Updated 12/8/2021