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State College Retail Investment Opportunity
For Sale
$130,000

Address Not Disclosed, State College, PA

900 SF retail or restaurant space in State College.

Property Size900 SF
Price / SF$144.44
Days on Market320

Property Features for Address Not Disclosed

General Information

Standard status Active
Size 900 SF
Property subtype Retail

Building Details

Building Size 900 SF
Listing Agency: SVN | Latus
Listed By: Karen Neiderer · License #RS321562
Source: Svn
Added: Nov 21, 2025 Changed: Oct 5 Last Checked: Oct 5 at 4:46PM

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 SVN | Latus

Investment Insights

Based on property information with market context.

This 900 square foot property presents a unique investment opportunity in State College. The space is suitable for a restaurant or retail venture, benefiting from high visibility and foot traffic. The property's layout offers ample space for attracting customers. This property is positioned as an investment opportunity for an owner/user or investor.

Key Highlights

  • Prime 900 SF building in strategic State College location.
  • High visibility and foot traffic, ideal for attracting customers.
  • Excellent investment opportunity for owner/user or investor.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,797
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,940 $155.9K
Cap Rate 7%
$111,386 $111.4K
Cap Rate 9%
$86,633 $86.6K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$11.7K $12.96/SF
− Vacancy
−$525 −$0.58/SF
EGI
$11.1K $12.38/SF
− OpEx
−$3.3K −$3.71/SF
NOI
$7.8K $8.66/SF
Area
Centre County, PA
Vacancy
4.50%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,940
Cap Rate 7%
$111,386
Cap Rate 9%
$86,633

Alternative Uses

Best Use
Retail
$111.4K
$97.5K – $130.0K (±1% cap)
NOI $7,797 @ 7.0% cap · market cap 6.00%
Second Best
Specialty Retail
$74.4K
$65.1K – $86.8K (±1% cap)
NOI $5,209 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$198.8K
$173.9K – $231.9K (±1% cap)
NOI $13,914 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

2,268
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Shops & Services 18% Beauty & Spa 4%
Panera Bread Dining
15,725 visits/mo 0.5 miles
Starbucks Dining
13,701 visits/mo 0.2 miles
Panera Bread Dining
9,309 visits/mo 0.1 miles
Primanti Bros. Dining
9,195 visits/mo 0.3 miles
Sunoco Shops & Services
7,976 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Retail space - 900 SF retail or restaurant space in State College.
Where is this retail space located?
The property is located at Address Not Disclosed State College, PA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Prime 900 SF building in strategic State College location.; High visibility and foot traffic, ideal for attracting customers.; Excellent investment opportunity for owner/user or investor.
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