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Listed by Mei Guo-Kaplan • Kissinger, Bigatel & Brower
Bought with Unrepresented Buyer • Unrepresented Buyer Office
Bought with Unrepresented Buyer • Unrepresented Buyer Office
$ 625,000
$ 680,000 8.1%
Est. payment /mo
Sold on 12/12/2025
500 E COLLEGE AVE State College, PA 16801
436 Sqft Lot
UPDATED:
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PACE2514882
Sold Date 12/12/25
Year Built 1984
Annual Tax Amount $5,898
Tax Year 2024
Lot Size 436 Sqft
Acres 0.01
Lot Dimensions 0.00 x 0.00
Property Sub-Type Retail
Source BRIGHT
Property Description
Calling All Investors! A prime commercial property located in the heart of Downtown State College — just steps from campus, offering excellent visibility and heavy foot traffic. This income-generating property features a triple net lease with a primary term through March 2026, including two renewal options and
annual rent increases. Don't miss this rare opportunity to add a reliable revenue stream to your portfolio in a high-demand location. One of the sellers is a licensed real estate agent in the Commonwealth of Pennsylvania.
annual rent increases. Don't miss this rare opportunity to add a reliable revenue stream to your portfolio in a high-demand location. One of the sellers is a licensed real estate agent in the Commonwealth of Pennsylvania.
Location
State PA
County Centre
Area State College Boro (16436)
Zoning CS
Interior
Hot Water Electric
Heating Central, Forced Air, Heat Pump(s)
Cooling Central A/C, Heat Pump(s)
Heat Source Electric
Exterior
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District State College Area
Others
Tax ID 36-013-,059-,C101-
Ownership Fee Simple
Special Listing Condition Standard


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