2948 PENNS VALLEY PIKE, Centre Hall, PA 16828

Building Details

Building Size 2,400 SF More

Year Built 1956 More

Listing Agency: Kissinger, Bigatel & Brower

Listed By: Scott G Shamrock · License #RS300260 Show Phone

Source: Nelsonrealtypa

Added: Oct 27 Changed: Nov 5 Last Checked: Nov 6 at 3:09PM

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Investment Insights

Based on property information with market context.

This flex property offers 2,400 square feet of open workspace on approximately 2 acres. The building has an overhead garage door and concrete floors, with outdoor space and parking on site. Built in 1956, it is zoned for industrial use.

The property is located along Route 45 in Centre Hall, with access to the surrounding region. Its open layout and industrial zoning support a range of permitted business uses.

Key Highlights

• 2,400 square feet of open workspace
• Approximately 2 acres with outdoor space and parking
• Overhead garage door and concrete floors

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring 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

94

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 16828, PA

4,377

Population

2,175

Households

2

Avg Household Size

47

Median Age

29%

College-Educated

93%

High-School Grad

55.7 sq mi

ZIP Area

79

Density / Sq Mi

$73,810

Median Household Income

$48,331

Median Earnings

$993

Median Rent

$275,800

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

Frequently Asked Questions

What type of property is this?

Flex space - Industrial zoning and an open interior accommodate a range of permitted business uses.

Where is this flex space located?

The property is located at 2948 PENNS VALLEY PIKE Centre Hall, PA.

What is the lease rate?

The lease rate is $2,200/Mo.

What are key features of this property?

This property features: 2,400 square feet of open workspace; Approximately 2 acres with outdoor space and parking; Overhead garage door and concrete floors