2601 Gateway Dr - Medical FOR SALE


State College, PA 16801
$4,000,000 USD
717-843-5555
2601 Gateway Dr, State College, PA for Sale
$4,000,000 USD
Medical - FOR SALE
1/21
null | Request Cap Rate

2601 Gateway Dr
State College, PA 16801


OVERVIEW

For Sale/Lease: Discover a fantastic opportunity in State College, Pennsylvania! Bristol II, a Class A, office building offers flexible options for businesses or investors, with units available for purchase as condos or for lease. The entire building is also available for sale if desired. Located on the west side of town in an area with easy access to key amenities, making it ideal for growing companies or professionals seeking a well-connected workspace. Don’t miss out on this versatile investment—contact us today to schedule a tour. The proposed office building on Gateway Drive is just off West College Ave. This property is nestled amongst other professional businesses and offices but still convenient to many housetops. It is 5 minutes from Pennsylvania State University and downtown State College, and 10 minutes from I-99. The State College Regional Airport is less than 10 miles. Ferguson Township, which is on the southwestern portion of Centre County, is part of the State College MSA. Most of the agricultural research for PSU is done in Ferguson Township and is the home to well-known entities such as AccuWeather, Raytheon, Mercedes of State College, Bobby Rahal Honda, Best Line Equipment, Centre Region Code, Centre County Assistance office, and more. Centre County has 158,172 people, 57,573 households, and a median household income of $72,748. State College is an excellent place for business and industry. It’s one of the most educated US cities with 63% of the population having a degree. The job growth is estimated at 1.6% and is predicted to grow over the next 10 years to 35.45%. Happy Valley has also been ranked as “The Best Places for Business and Careers” along with many other honors making it a top location to live, work, and play in the northeast.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bristol II

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

96

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

IRD (Corridor Overlay)

APN/PARCEL ID

24-465-003-0000

ASK ABOUT THIS PROPERTY

Kandy WeaderBennett Williams CommercialMore Info
717-843-5555

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Kandy WeaderBennett Williams CommercialMore Info
717-843-5555

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