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    310 Burrowes St State College, PA 16801

    Sponsored
    For Sale
    $609,900

    Prime location, 3,986 sq ft, investment opportunity.

    Property size:
    3,986 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional State College executive office building, located at 310 S. Burrowes St, presents a compelling investment or owner-occupancy opportunity. The property, built in 1945 and boasting a Class B designation, comprises 3,986 square feet across a two-building, three-story structure situated on a 0.18-acre lot. Currently, the building is 50% occupied under a modified multi-tenancy lease. The asking price is $609,900, translating to $163.05 per square foot. Interior features include sunlit offices, a kitchenette, three bathrooms, a variety of office and conference room spaces, and a convenient patio. Additional amenities include a sprinkler system, off-street parking, and rear garage/storage. The property is zoned R3H. While the marketing materials describe the space as having "top notch renovations and close attention to detail," prospective buyers are advised that measurements may not conform to ANSI standards and should verify them independently. This property offers a unique blend of classic charm and modern functionality in a highly desirable State College location. The property is partially tenant occupied, presenting an immediate income stream and potential for future growth.

    Property Features for 310 Burrowes St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,986 SF
    Class
    B
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1945
    Buildings
    2
    Stories
    3

    HighLights

    • Exceptional State College executive office building investment/owner‑occupancy opportunity.
    • 3,986 sq ft, two‑building, three‑story structure on a 0.18‑acre lot.
    • Class B building, built in 1945, currently 50% occupied.
    • Asking price: $609,900 ($163.05/sq ft).
    • Features include sunlit offices, kitchenette, three bathrooms, conference rooms, patio, sprinkler system, off‑street parking, and rear garage/storage.
    • R3H zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    RMF Engineering Engineering Consultant GROUP TRAVEL TECHNOLOGIES Software Company Collegiate Athletic Travel ... Travel Agency Group Minder Travel Agency Scotilla Psychological Services Psychologist

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.8609137
    Latitude
    40.7900619

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, 3,986 sq ft, investment opportunity.
    Where is this office property / space located?
    The property is located at 310 Burrowes St State College, PA.
    What is the asking price?
    The asking price for this property is $609,900.
    What are key features of this property?
    This property features: Exceptional State College executive office building investment/owner-occupancy opportunity.; 3,986 sq ft, two-building, three-story structure on a 0.18-acre lot.; Class B building, built in 1945, currently 50% occupied.
    (814) 590-3664
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    310 Burrowes St State College, PA 16801
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    State College, PA 16801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    310 Burrowes St State College, PA 16801
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