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State College Gas Station Opportunity
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605 University Dr, State College, PA 16801

Second-generation gas station for rent near Penn State University.

Space Size1,980 SF
Lot Size0.70 Acres
Days on Market111

Property Features for 605 University Dr

General Information

Standard status Active
Size 1,980 SF
Lot size 0.70 Acres
Property subtype Retail

Building Details

Building Size 1,980 SF
Tenancy Single

Spaces For Lease

at 605 University Dr Contact us

Entire Property

Size
1,980 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Bennett Williams Commercial Exton
Listed By: Derick Evans · License #RS379689
Source: Crexi
Added: May 14 Changed: Aug 26 Last Checked: Aug 29 at 10:14AM

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 Bennett Williams Commercial Exton

Investment Insights

Based on property information with market context.

Located in a prime State College corridor, the property at 605 University Drive sits on 0.7 acres and presents a second-generation gas station opportunity. The existing infrastructure of 1,980 square feet allows for a continuation of fuel service operations. The site also offers flexibility for a retrofit to alternative retail uses or a full redevelopment opportunity. Positioned minutes from Penn State University and downtown, the property benefits from visibility and accessibility, along with daily traffic counts of 12,000 vehicles per day. Surrounded by national retailers, dense student housing, and major employment hubs, the location supports consistent daytime and evening traffic. This site offers a chance to establish a presence in one of Central Pennsylvania's active commercial corridors. The property is intended for use as a gas station, retail space, or redevelopment site.

Key Highlights

  • Prime location in a high‑traffic State College corridor, minutes from Penn State University and downtown.
  • Existing gas station infrastructure (1,980 sf) allows for immediate continuation of fuel service operations.
  • High visibility and accessibility with daily traffic counts of 12,000 VPD.

Property Analytics

Current Use

Kim Portable Toilet ... General Contractor

Suggested Use

Top Pick Auto Repair Shop Electrical Service Storage Facility Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service

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

959
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Wendy's Dining
8,671 visits/mo 0.1 miles
Jimmy John's Dining
1,995 visits/mo 0.5 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

Market

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?
Gas station - Second-generation gas station for rent near Penn State University.
Where is this gas station located?
The property is located at 605 University Dr State College, PA.
What are key features of this property?
This property features: Prime location in a high‑traffic State College corridor, minutes from Penn State University and downtown.; Existing gas station infrastructure (1,980 sf) allows for immediate continuation of fuel service operations.; High visibility and accessibility with daily traffic counts of 12,000 VPD.
(717) 843-5555 Call to check price and availability
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