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    1617 N Atherton St State College, PA 16801

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    For Lease
    Contact for pricing

    Retail space anchored by Walmart near Penn State University.

    Property size:
    7,500 SF
    Lot size:
    2.38 Acres

    Property Features for 1617 N Atherton St

    General Information

    Size
    7,500 SF
    Lot size
    2.38 Acres

    Source: Waters Retail Group Agent Joe Waters

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Penn State

    This retail space, totaling 7,500 square feet, is anchored by a 202,634 square foot Walmart Supercenter. It is located on North Atherton Street, less than one mile from the Penn State University campus and adjacent to several student housing apartment complexes.
    Insight Report Location Intelligence

    Current Use by Public Records

    CEO Karaoke Karaoke Bar Crazy Boil Seafood Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.8950397
    Latitude
    40.8095003

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    FAQs

    What type of property is this?
    Strip mall - Retail space anchored by Walmart near Penn State University.
    Where is this strip mall located?
    The property is located at 1617 N Atherton St State College, PA.
    What are key features of this property?
    This property features: - Anchored by a 202,634 SF Walmart Supercenter.; - Located less than 1 mile from Penn State University campus.; - Located on N. Atherton Street.
    (610) 388-6600
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    1617 N Atherton St State College, PA 16801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1617 N Atherton St State College, PA 16801
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