State College, PA Commercial Real Estate for Sale

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31 properties

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Updated: Jan 25, 2024

Medical Office Property with Parking

2014 SANDY Drive, State College, PA 16803

$2,890,000

1.66 AC lot

5,396‑square‑foot front area leased to a dental office
3,806‑square‑foot rear area with private entrance is vacant
Approximately 9,000 square feet of medical‑office buildout
30 dedicated parking spaces on a 1.66‑acre property
Built in 2003 with stucco, brick, and stone construction

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Updated: Oct 12, 2024

Level Commercial Land with Utilities

3416 W COLLEGE Avenue, State College, PA 16801

$1,900,000

7.08 AC lot

7.08‑acre commercial land parcel
Level site with road frontage along College Avenue
Public utilities available at the property
Adjacent to major new‑car automobile dealerships
Older on‑site buildings currently rented for storage

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Restaurant and Bar For Sale

1669 N Atherton St, State College, PA 16803

$1,750,000

2,500 sqft

Bar and conventional restaurant available for sale on North Atherton Street in State College, Pennsylvania.

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Mixed-Use Property with Veterinary Practice

200 ELMWOOD STREET, State College, PA 16801

$1,990,000

7,579 sqft 1.30 AC lot

Two renovated components combine an established veterinary tenancy with a three-bedroom residential apartment.

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ADA-Compliant Medical Office Suites

1333 S Allen St, State College, PA 16801

$3,250,000

6,800 sqft

Main-level, step-free suites with private windows and abundant natural light, supported by ample on-site parking.

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Retail Space Near Penn State

State College, PA 16801

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4,365 sqft

Commercial space along an established retail corridor with restaurant, boutique retail, and service-use potential.

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Class A Office Building

State College, PA 16801

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10,750 sqft

Class A office building offering flexible options to lease or purchase an office condo or the full building.

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Office/Flex Building

2590 Park Center Boulevard, State College, PA 16801

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5,067 sqft

Professional commercial space in Park Center business district near I-99 and Route 322.

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Renovated Conventional Restaurant

214 E CALDER WAY, State College, PA 16801

$75,000

26,361 sqft

Open restaurant layout with seating, included equipment, and an 8-foot hood vent.

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Stand-Alone Restaurant with Patio

1905 Waddle Rd, State College, PA 16803

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7,000 sqft

Standalone restaurant building with dedicated patio seating for foodservice concepts.

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Office Suite With Kitchenette

State College, PA 16801

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2,912 sqft

Efficient professional suite includes on-site parking and a kitchenette.

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Bristol II Class A Office Building

State College, PA 16801

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25,182 sqft

Units can be purchased as condominiums or leased within the building.

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Retail Storefront with Large Windows

1341 S ATHERTON STREET #2, State College, PA 16801

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1,210 sqft

Street-facing retail suite with large windows, kitchenette, bathroom, and storage, adjacent to Zen Nails.

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Industrial Land Near State College

2197 High Tech Rd, State College, PA 16803

$3,400,000

19,400 sqft

Industrial land with strategic transportation access near State College.

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Multi-Use Entertainment Center

1521 Martin St, State College, PA 16803

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37,500 sqft 3.25 AC lot

Bowling alley, sports bar/restaurant, and motel on multiple acres near N Atherton retail corridor.

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Two-Story Office Condominium

C-112 W Foster Ave, State College, PA 16801

$1,700,000

8,800 sqft

Two-story office condominium with ADA-compliant restrooms, elevator access, and 14 private parking spaces.

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Prime Land on Retail Corridor

1430 N Atherton Street, State College, PA 16803

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16,000 sqft

Land available for lease in State College retail corridor.

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Open-Plan Office Unit

1380 N ATHERTON STREET, State College, PA 16803

$850,000

Commercially zoned office unit with an open desk area, fireplace, and on-site parking.

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Commercial Land with Major Corridor Access

1051 Shiloh Rd, State College, PA 16801

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6.60 AC lot

Commercial land with frontage along Shiloh Rd and utilities available, suitable for a range of planned research business uses.

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Medical Building in Science Park

2014 Sandy Drive, State College, PA 16803

$2,890,000

9,202 sqft

Two-unit dental office building near Penn State University.

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Commercial Land Near Penn State

1442-1450 West College Avenue, State College, PA 16801

$450,000

Development parcel on West College Avenue with office, retail, and mixed-use possibilities.

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State College Retail Investment Opportunity

Address Not Disclosed, State College, PA

$130,000

900 sqft

900 SF retail or restaurant space in State College.

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Shopping Center with Flexible Layouts

387 Benner Pike, State College, PA 16801

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Flexible floor plans support retail and strip-center occupants.

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Class-A Office Building Opportunity

476 Rolling Ridge Dr, State College, PA 16801

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46,000 sqft 3.82 AC lot

Class-A office building for lease, purchase, or investment.

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State College, PA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in State College, PA, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 501,312 square feet of properties for sale, with an estimated market value of $23,175,000.

Sale prices for business properties in State College, PA start at $75,000, averaging $1,782,692, and reaching up to $3,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 79K

Population Growth (5Y) +0.7%

Median Household Income $66,118

College Educated 58.3%

High-Yield Neighborhoods for Investment

Identify State College submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
16801	$1.3M
16803	$2.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Centre County

New Delisted

Total CRE Inventory on Market (SF)

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