Current Use by Public Records
- Retail properties & Spaces
Property Details for 127 Allen St
- Year built
- 1973
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional 3,750 square foot retail or restaurant space at 127 South Allen Street in State College, Pennsylvania, presents a unique opportunity. Located in the heart of downtown, between Beaver Avenue and College Avenue, this property enjoys high pedestrian traffic as it's a primary walkway to Penn State's campus. The building, constructed in 1973, boasts a charming brick exterior and has undergone recent renovations, featuring updated flooring and lighting. The interior showcases high ceilings, creating an attractive industrial aesthetic. The property is zoned CS and has an APN of 36-012-,054-,0000. The entire 3,750 square feet is currently vacant and available for lease. The space is a single-tenant occupancy. Additional space in the rear of the building may also be available for lease, providing potential for expansion. Lease terms are negotiable. This is a rare chance to secure a prominent retail or hospitality location in a thriving, high-traffic area of State College. The current business occupying the space is not included in the sale and will be relocating to a neighboring property.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- State College
- County
- Centre
- State
- Pennsylvania
- Longitude
- -77.8608
- Latitude
- 40.794
