Retail Space /PA /Centre County /State College /228-232 E College Ave
Retail Space /PA /Centre County /State College /228-232 E College Ave

228-232 E College Ave - Storefront Retail/Residential FOR SALE


State College, PA 16801- Downtown State College | 
$6,000,000 USD
814-680-1173
228-232 E College Ave, State College, PA for Sale
$6,000,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | 3.94% Cap Rate
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228-232 E College Ave
State College, PA 16801
Downtown State College

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HIGHLIGHTS

  • Highly visible, trophy mixed-use asset located in downtown State College, directly across from Penn State with unmatched pedestrian traffic.

OVERVIEW

Trophy Mixed-Use property Anchor Tenant-Gound Floor-Raising Cane's-Log Term Lease with options Prime Downtown frontage-across street from Penn State Fully Leased residential apartments upstairs for 2026-2028

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$612 USD /SF

CAP RATE

3.94%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

Commercial

APN/PARCEL ID

36-013-028-0000

ASK ABOUT THIS PROPERTY

Charlene FriedmanIndustrial Commercial Realty LLCMore Info
814-680-1173

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Charlene FriedmanIndustrial Commercial Realty LLCMore Info
814-680-1173

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

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