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University-Area Retail Storefront
For Lease
$7,500/Mo

130 E College Ave, State College, PA 16801

Retail storefront with two large display windows and below-grade inventory space, available June 1st.

Space SizeContact for details
Days on Market125

Property Features for 130 E College Ave

General Information

Standard status Active

Amenities

large display windows

Building Details

Year Built 1900
Listing Agency: Kissinger, Bigatel & Brower
Listed By: Liz Piazza · License #RB052100C
Source: Premierehomegroup
Added: May 8 Changed: Sep 8 Last Checked: Sep 8 at 6:29AM

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 Kissinger, Bigatel & Brower

Investment Insights

Based on property information with market context.

This retail storefront offers approximately 3,000 usable square feet above grade with two large display windows facing the sidewalk. One window is described as 10 feet deep, and both displays are approximately 9 feet wide, creating prominent street-level presentation for the space. An additional approximately 525 square feet below grade is currently set up for inventory.

The property is located at 130 E College Ave between S Allen St and S Pugh Street, positioned across the street from Old Main on Penn State’s University Park Campus in State College, Pennsylvania. The area is described as a busy retail/restaurant corridor serving students, town residents, alumni, and visitors.

The current occupant is Barefoot shoe store, and the space is available starting June 1st. A floor plan generated by Cubi Casa is attached for illustration.

Key Highlights

  • Retail storefront across the street from Old Main on Penn State’s University Park Campus in State College, PA
  • About 3,000 SF above grade with two large display windows for storefront visibility
  • Windows include one window 10 ft deep and both windows 9 ft wide on the sidewalk

Property Analytics

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Current Use

First National Bank ... Atm The State Theatre Charitable Organization Barefoot Metro Clothing & Fashion Store first national bank, ... Bank

Suggested Use

Top Pick Plumbing Service Locksmith Storage Facility (Bike/Boat/Book/etc) Store Florist Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,268
Businesses Nearby
97k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 78% Shops & Services 18% Beauty & Spa 4%
Panera Bread Dining
15,725 visits/mo 0.5 miles
Starbucks Dining
13,701 visits/mo 0.2 miles
Panera Bread Dining
9,309 visits/mo 0.1 miles
Primanti Bros. Dining
9,195 visits/mo 0.3 miles
Sunoco Shops & Services
7,976 visits/mo 0.3 miles

Demographics for 16801, PA

42,446
Population
19,242
Households
2.2
Avg Household Size
28
Median Age
67%
College-Educated
98%
High-School Grad
31.1 sq mi
ZIP Area
1,365
Density / Sq Mi
$62,821
Median Household Income
$27,598
Median Earnings
$1,221
Median Rent
$400,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for State College, PA

$21.67 /SF/Yr
Avg Asking Price
$15–$25 /SF/Yr
Price Range
5,793 SF
Avg Space Size

This space is priced 18% above the average of $21.67 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Avant Garden 242 E Calder Way, State College, PA 16801

Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront with two large display windows and below-grade inventory space, available June 1st.
Where is this storefront property located?
The property is located at 130 E College Ave State College, PA.
What is the lease rate?
The lease rate is $7,500/Mo.
What are key features of this property?
This property features: Retail storefront across the street from Old Main on Penn State’s University Park Campus in State College, PA; About 3,000 SF above grade with two large display windows for storefront visibility; Windows include one window 10 ft deep and both windows 9 ft wide on the sidewalk
More about this property
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