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Downtown Retail Storefront
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234 E College Ave, State College, PA 16801

Retail storefront available on a walkable downtown street across from Penn State Main Campus.

Space Size1,000 SF - 1,360 SF
Property Size15,000 SF
Days on Market93

Property Features for 234 E College Ave

General Information

Standard status Active
Size 1,000 SF - 1,360 SF
Property subtype Retail

Building Details

Building Size 15,000 SF
Year Built 1967
Tenancy Multiple

Spaces For Lease

at 234 E College Ave Contact us

Suite 100

Size
1,360 SF
Availability
Active
Contact us

Suite 108

Size
1,000 SF
Availability
Active
Contact us
Listing Agency: Keystone Real Estate Group, LP.
Listed By: Keystone Commercial · License #PA RS315162
Source: Crexi
Added: Jun 11 Changed: Sep 7 Last Checked: Sep 11 at 6:19AM

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 Keystone Real Estate Group, LP.

Investment Insights

Based on property information with market context.

This retail storefront is available for lease in downtown State College. The space benefits from a street-facing storefront configuration suited to retail use, and it is positioned to capture frequent pedestrian activity typical of a college-adjacent retail corridor.

The property is located at 234 E College Ave, across the street from Penn State Main Campus. It sits on one of the busiest, walk-able streets in the area, with convenient access for foot traffic.

With its downtown storefront presence and proximity to Penn State, the space is a practical fit for businesses seeking strong walk-in visibility in an active pedestrian environment.

Key Highlights

  • Retail storefront available on a walkable downtown street in State College
  • Located across the street from Penn State Main Campus
  • Year built: 1967

Property Analytics

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Current Use

Urban Outfitters Clothing Store Fast Commercial Heating ... HVAC Service Cafe Wow Cafe & Coffee Shop Fetterolf's Barber Shop Barber Shop Master Goblin Games Electronics & Wireless Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,179
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Shops & Services 18% Beauty & Spa 4%
Panera Bread Dining
15,725 visits/mo 0.4 miles
Starbucks Dining
13,701 visits/mo 0.3 miles
Panera Bread Dining
9,309 visits/mo 0.2 miles
Primanti Bros. Dining
9,195 visits/mo 0.2 miles
Sunoco Shops & Services
7,976 visits/mo 0.4 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

$21.05 /SF/Yr
Avg Asking Price
$15–$25.53 /SF/Yr
Price Range
8,741 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront available on a walkable downtown street across from Penn State Main Campus.
Where is this retail space located?
The property is located at 234 E College Ave State College, PA.
What are key features of this property?
This property features: Retail storefront available on a walkable downtown street in State College; Located across the street from Penn State Main Campus; Year built: 1967
More about this property
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