1107 College Ave State College, PA 16801
This exceptional 4,720 square foot office building, situated on a 0.45-acre lot in Centre County, presents a fantastic opportunity for businesses seeking a vibrant and convenient location. Built in 1948, the property boasts a blend of traditional and modern office spaces, suitable for a variety of uses including creative, executive, traditional, and even medical offices. Currently configured with seven private offices, a welcoming reception area, and ample on-site parking, this multi-tenant building offers immediate functionality. The building's prime location on West College Avenue ensures high visibility and accessibility, with easy access for both pedestrians and public transportation. The 2,000 square feet of currently available space provides flexibility for expansion or accommodating multiple tenants. This property is ideal for businesses seeking a well-established presence in a thriving downtown area, offering a combination of classic charm and modern convenience. The building's versatile layout and desirable location make it an attractive investment for those seeking a strong return on their investment. Don't miss this chance to secure a prominent position in a bustling commercial district.
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Bethanne Fetzer Counselor
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Hannah Hartswick Counselor
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Olivia Metz Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.