Commercial Land on Route
109 Grace Ave, Centre Hall, PA 16828
For Sale
Contact for pricing
3.9-acre commercial land parcel with frontage on Route 45.
Property SizeContact for details
Lot Size3.90 Acres
Days on Market742
Property Features for 109 Grace Ave
General Information
Standard status
Lot size
Property subtype
Zoning
Listed By:
Michael Baker · License PA RS351082
Source:
Crexi
Added: Oct 30, 2024
Changed: Oct 25
Last Checked: Nov 8 at 8:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Baker
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3.9-acre commercial land parcel is positioned for development with frontage along Route 45 in Centre Hall, a short drive from downtown State College. The site offers 287 feet of frontage along the northern side of State Route 45 and a second access point along Homan Drive with 150 feet of frontage. Two rentable mobile homes and several shed outbuildings are located on the property, allowing for income while securing approvals to develop the property. The site is located near the Grange Fair property, along with upcoming developments on the opposite side of Rt. 45 at the former Land Pro building and at the intersection of Rt. 144 and Rt. 45 with the development of a WAWA convenience store and other development. This location presents a chance to secure a piece of commercial real estate in an area with potential for continued residential and commercial growth.
Key Highlights
- Prime commercial development opportunity in up‑and‑coming Centre Hall.
- 3.9‑acre parcel with 287 feet +/- of frontage on Rt. 45.**
- Second access point on Homan Drive with 150 feet +/- of frontage.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 16828, PA
4,377
Population
2,175
Households
2
Avg Household Size
47
Median Age
29%
College-Educated
93%
High-School Grad
55.7 sq mi
ZIP Area
79
Density / Sq Mi
$73,810
Median Household Income
$48,331
Median Earnings
$993
Median Rent
$275,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Commercial land in Centre County
Frequently Asked Questions
What type of property is this?
Commercial land - 3.9-acre commercial land parcel with frontage on Route 45.
Where is this commercial land located?
The property is located at 109 Grace Ave Centre Hall, PA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Prime commercial development opportunity in up‑and‑coming Centre Hall.; 3.9‑acre parcel with 287 feet +/- of frontage on Rt. 45.**; Second access point on Homan Drive with 150 feet +/- of frontage.
