3-Bedroom Residential Income
For Sale
$1,745,000
321 W BEAVER AVENUE Unit 408, State College, PA 16801
Pre-construction condominium-hotel residence with an owner-accessible lockable duplex and upscale hospitality amenities.
Property Size1,427 SF
Days on Market483
Property Features for 321 W BEAVER AVENUE Unit 408
General Information
Standard status
Active
Size
1,427 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/3BA
Multifamily Units
1
Additional Details
Furnished
Yes
Amenities
elegant lobby
full-service coffee shop
state-of-the-art fitness center
covered parking
24/7 security
concierge services
professional housekeeping
private storage units
Building Details
Building Size
1,427 SF
Year Built
2027
Buildings
1
Stories
9
Listing Agency:
Kissinger, Bigatel & Brower
(412) 334-1818
Listed By:
Erica Scott · License #RS335382
(412) 334-1818
Source:
Nelsonrealtypa
Added: May 6, 2025
Changed: Aug 28
Last Checked: Aug 30 at 9:27PM
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.
Unit 408 is a fourth-floor, 3-bedroom, 3-bathroom residence planned for The Nittany Residence Club, a nine-story condominium-hotel scheduled for estimated completion in Fall 2027. The suite includes the Classic Finish Package, a spacious interior layout, and a lockable Owner Duplex that remains accessible to the owner while the balance of the residence is rented to guests. Planned finishes include luxury vinyl tile flooring, modern cabinetry, quartz countertops, a full appliance package, and designer-selected furniture and fixtures.
The property is positioned in downtown State College, within walking distance of Penn State University, Beaver Stadium, the Bryce Jordan Center, shopping, dining, and entertainment. Building amenities are planned to include a lobby, full-service coffee shop, fitness center, covered parking, 24/7 security, concierge services, housekeeping, and private owner storage. Scholar Hotels is identified as the planned operator, with hospitality, maintenance, and guest support services for the development.
The property is positioned in downtown State College, within walking distance of Penn State University, Beaver Stadium, the Bryce Jordan Center, shopping, dining, and entertainment. Building amenities are planned to include a lobby, full-service coffee shop, fitness center, covered parking, 24/7 security, concierge services, housekeeping, and private owner storage. Scholar Hotels is identified as the planned operator, with hospitality, maintenance, and guest support services for the development.
Key Highlights
- 3‑bedroom, 3‑bathroom residence on Floor 4
- Lockable Owner Duplex remains accessible while the remainder is rented to guests
- Nine‑story condominium‑hotel planned with 70 residences
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,233
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Pre-construction condominium-hotel residence with an owner-accessible lockable duplex and upscale hospitality amenities.
Where is this residential income property located?
The property is located at 321 W BEAVER AVENUE Unit 408 State College, PA.
What is the asking price?
The asking price for this property is $1,745,000.
What are key features of this property?
This property features: 3‑bedroom, 3‑bathroom residence on Floor 4; Lockable Owner Duplex remains accessible while the remainder is rented to guests; Nine‑story condominium‑hotel planned with 70 residences
