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    129 S Sparks St State College, PA 16801

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    For Lease
    $5,710 /Mo ($35 SF/Yr)

    First floor and basement office space near Penn State.

    Property size:
    1,940 SF
    Lot size:
    0.20 Acres

    Property Features for 129 S Sparks St

    General Information

    Size
    1,940 SF
    Lot size
    0.20 Acres

    Source: eXp Commercial - PA Agent Kate Wai

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

    Overview

    Flexible Office Space in State College

    This property offers flexible office or clinic space, encompassing the entire first floor and basement, with approximately 1,940 square feet based on Matterport floor plans. Located in a central and convenient area of State College, it is in close proximity to Penn State University. The property includes six dedicated off-street parking spaces in the rear. Water, sewer, refuse, parking, lawn care, and snow removal are included in the lease. A unique skylight is present on the first floor. The zoning is R3H Mixed-Use District, and the property is approved for commercial office use via a Special Exception. Additionally, there are two separate basement units, Suites 5 and 6, each with individual entrances, which can be leased together or separately.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.8692383
    Latitude
    40.7900131

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    FAQs

    What type of property is this?
    Office space - First floor and basement office space near Penn State.
    Where is this office space located?
    The property is located at 129 S Sparks St State College, PA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Prime State College Location: Central, convenient, close to Penn State University.; - Dedicated Off-Street Parking: Six (6) private spaces available in the rear.; - Flexible Office/Clinic Space: Entire First Floor & Basement Sublease offering Approximately 1,940 SF.
    (610) 934-2730
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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
    129 S Sparks St State College, PA 16801
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