Building Details

Year Built 1960

Buildings 1

Stories 2

Units 8

Tenancy Multi

Listing Agency: m***@pkarealty.com

Listed By: Michael Baker · License #RS351082

Source: Crexi

Added: Jan 10, 2024 Changed: Aug 9 Last Checked: Aug 8 at 1:09PM

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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

Investment Insights

Based on property information with market context.

This multi-tenant light industrial property is fully rented, presenting a commercial real estate ownership opportunity in the central Pennsylvania market near State College and neighboring towns such as Boalsburg. The property encompasses a total area of 16892 square feet.

Key Highlights

• Fully rented multi‑tenant light industrial property.
• Rare opportunity to own commercial property.
• Located in central Pennsylvania.

Property Analytics

Property Profile

Current Use

UFIT THRIVE Physician PrinterMech Toner Cartridge Supplier 1-Tom-Plumber Plumbing Service State College Community ... Theater & Performing Art Venue Michael L Norris ... Engineer

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Building Supply Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

101

Businesses Nearby

Explore this area Business Placement

Demographics for 16827, PA

4,995

Population

2,400

Households

2.1

Avg Household Size

47

Median Age

69%

College-Educated

100%

High-School Grad

18.2 sq mi

ZIP Area

274

Density / Sq Mi

$115,391

Median Household Income

$52,603

Median Earnings

$1,230

Median Rent

$418,800

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - Fully rented light industrial property in central Pennsylvania.

Where is this industrial property located?

The property is located at 171 Technology Dr Boalsburg, PA.

What is the asking price?

The asking price for this property is $660,000.

What are key features of this property?

This property features: Fully rented multi‑tenant light industrial property.; Rare opportunity to own commercial property.; Located in central Pennsylvania.