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    Medical Building in Science Park
    Updated: Feb 16, 2024
    Medical Building in Science Park

    2014 Sandy Dr, State College, PA 16803

    $2,890,000
    9,202 sqft
    Absolute NNN Lease with Advanced Dentistry of Centre County in place through 2029, providing stable income.
    Potential for owner‑operator to occupy the vacant unit and eliminate rent expenses.
    Significant estimated annual tax savings (+$75,000) and after‑tax cash flow (+$30,000) for owner‑operator.
    Located in the Science Park Commercial District, west of Penn State University.
    Class A Medical Building configured as a dental office, with two separate units and entrances.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2014 Sandy Dr, State College, PA 16803

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $111K
      Annual

    • Mortgage

      $2M
      Jul 2020

    • Last Sold

      Jul 2020
      $2.5M
    View Property Analytics
    Spacious Medical Office Investment Opportunity
    Updated: Jan 25, 2024
    Spacious Medical Office Investment Opportunity

    2014 SANDY Drive, State College, PA 16803

    $2,890,000
    1.66 AC lot
    Turnkey investment opportunity with a reputable dental office already leasing 5,396 sq ft, providing immediate income.
    Expansive 9,000+ sq ft medical/office space in a highly desirable, accessible location.
    3,806 sq ft of vacant space with a private entrance, ready to lease for additional income potential.
    Meticulously designed by Roeshot, currently built out as a dental office.
    30 dedicated parking spaces, a valuable amenity for medical/office use.
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    ADA-Compliant Medical Office Suites
    ADA-Compliant Medical Office Suites

    1333 S ALLEN STREET, State College, PA 16801

    $3,250,000

    Main-level, step-free suites with private windows and abundant natural light, supported by ample on-site parking.

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    Two-Story Office Condo with Elevator
    Two-Story Office Condo with Elevator

    112 W FOSTER AVENUE C, State College, PA 16801

    $1,700,000
    8,800 sqft

    Two-story commercial condo with flexible floor layouts, ADA restrooms, direct elevator access, and 14 private parking spaces.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Class-A Office Building Opportunity
    Class-A Office Building Opportunity

    476 Rolling Ridge Dr, State College, PA 16801

    Contact for pricing
    46,000 sqft 3.82 AC lot

    Class-A office building for lease, purchase, or investment.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in State College, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Retail and Office Property
    Corner Retail and Office Property

    301-19 E Pleasant Valley Boulevard, Altoona, PA 16602

    $1,950,000
    18,430 sqft 1.72 AC lot

    Two well-maintained buildings on a corner lot with ample parking and a Subway restaurant tenant.

    View details
    Two-Building Medical Office Portfolio
    Two-Building Medical Office Portfolio

    129 Medical Park Lane, Bellefonte, PA 16823

    $2,400,000
    12,384 sqft 6.09 AC lot

    Two-building portfolio leased to a medical user, with in-place income through December 31, 2027.

    View details
    Two-Building Medical Office Portfolio
    Two-Building Medical Office Portfolio

    129141 Medical Park Lane, Bellefonte, PA 16823

    $2,400,000
    12,384 sqft 6.09 AC lot

    Two-building portfolio leased to a medical tenant through Dec. 31, 2027, on 6.09 acres.

    View details
    Multi-Building Office Property
    Multi-Building Office Property

    201 Chestnut Avenue, Altoona, PA 16601

    $950,000
    15,108 sqft 2.18 AC lot

    Two office buildings totaling 15,108 square feet offer private offices, conference space, and multiple restrooms on a 2.18-acre parcel.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Altoona Commercial Land For Sale
    Altoona Commercial Land For Sale

    Park Avenue, Altoona, PA 16602

    $175,000
    6,000 sqft 1.10 AC lot

    Over an acre of vacant land in high traffic area.

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    Commercial Land in Holliday Towne
    Commercial Land in Holliday Towne

    202 Patch Way Road, Duncansville, PA 16635

    $180,000
    1.00 AC lot

    1-acre commercial parcel with high visibility and traffic.

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    Commercial Land Near Route 22
    Commercial Land Near Route 22

    Pike Road, Johnstown, PA 15909

    $105,000
    6.01 AC lot

    6-acre commercial property with utilities near Route 22.

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    Commercial Land Near Highway
    Commercial Land Near Highway

    PARCEL 140 CEMETERY Road, Milton, PA 17847

    $490,000
    21.74 AC lot

    21.74 acre commercial land with highway frontage in Milton, PA.

    View details

    Off-Market Properties in State College, PA

    Consider similar Off-Market properties in State College, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1901 College Ave
    OFFICE BUILDING

    1901 College Ave, State College, PA 16801-7010

    Value Estimation by Request
    0.67 AC lot
    View details
    101 Timber Ln
    OFFICE BUILDING

    101 Timber Ln, State College, PA 16801-6916

    Value Estimation by Request
    0.41 AC lot
    View details
    1364 Atherton St
    OFFICE BUILDING

    1364 Atherton St, State College, PA 16801-6203

    Value Estimation by Request
    0.07 AC lot
    View details
    1423 Atherton St
    OFFICE BUILDING

    1423 Atherton St, State College, PA 16803-3040

    $1,085,000
    Estimated value
    0.81 AC lot
    View details
    1360 Atherton St
    OFFICE BUILDING

    1360 Atherton St, State College, PA 16801-6203

    Value Estimation by Request
    0.09 AC lot
    View details
    1350 Atherton St
    OFFICE BUILDING

    1350 Atherton St, State College, PA 16801-6203

    Value Estimation by Request
    0.07 AC lot
    View details
    1360 Atherton St
    OFFICE BUILDING

    1360 Atherton St, State College, PA 16801-6203

    Value Estimation by Request
    0.07 AC lot
    View details
    1348 Atherton St
    OFFICE BUILDING

    1348 Atherton St, State College, PA 16801-6203

    Value Estimation by Request
    0.07 AC lot
    View details
    229 Foster Ave
    OFFICE BUILDING

    229 Foster Ave, State College, PA 16801-4823

    $675,000
    Estimated value
    0.17 AC lot
    View details
    718 Bellaire Ave
    OFFICE BUILDING

    718 Bellaire Ave, State College, PA 16801-6501

    Value Estimation by Request
    0.43 AC lot
    View details
    403 Allen St Ste, Unit 210
    OFFICE BUILDING

    403 Allen St Ste, State College, PA 16801-5253

    Unit 210
    Value Estimation by Request
    0.02 AC lot
    View details
    2214 Atherton St
    OFFICE BUILDING

    2214 Atherton St, State College, PA 16803-1544

    $1,515,000
    Estimated value
    0.52 AC lot
    View details
    915 Benner Pike
    OFFICE BUILDING

    915 Benner Pike, State College, PA 16801-7395

    Value Estimation by Request
    2.00 AC lot
    View details
    220 Regent Ct
    OFFICE BUILDING

    220 Regent Ct, State College, PA 16801-7969

    Value Estimation by Request
    0.15 AC lot
    View details
    1360 Atherton St
    OFFICE BUILDING

    1360 Atherton St, State College, PA 16803-2931

    Value Estimation by Request
    1,999 sqft 0.57 AC lot
    View details
    432 Rolling Rdg Dr
    OFFICE BUILDING

    432 Rolling Rdg Dr, State College, PA 16801-7640

    $630,000
    Estimated value
    0.47 AC lot
    View details
    444 College Ave
    OFFICE BUILDING

    444 College Ave, State College, PA 16801-5558

    $5,400,000
    Estimated value
    0.54 AC lot
    View details
    905 University Dr
    OFFICE BUILDING

    905 University Dr, State College, PA 16801-6626

    $880,000
    Estimated value
    0.75 AC lot
    View details
    905 University Dr
    OFFICE BUILDING

    905 University Dr, State College, PA 16801-6626

    $1,320,000
    Estimated value
    0.75 AC lot
    View details

    State College, PA Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in State College, PA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 18,002 square feet of properties for sale, with an estimated market value of $4,590,000.

    Sale prices for office spaces in State College, PA start at $1,700,000, averaging $2,295,000, and reaching up to $2,890,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 29
    Medical Office Space 12
    Office buildings 6
    Coworking space 2

    Demographics Overview

    Population 79K
    Population Growth (5Y) +0.7%
    Median Household Income $66,118
    College Educated 58.3%

    High-Yield Neighborhoods for Investment

    Identify State College submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    16801 $229.9K
    16803 $2.4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Centre County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in State College, PA

    • 16803
    • 16801

    Featured State College Real Estate Agencies

    Realmo connects you with licensed State College CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RE/MAX Centre Realty
    1375 Martin St State College, PA 16803
    Phone: 18142802177
    www.statecollegehomes.com/
    Yocum Real Estate Centre LLC
    State College, PA 16803
    www.yocumrealestatecentre.com/

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