140 Foster Ave State College, PA 16801
This exceptional 1,176 square foot commercial space, located in the heart of downtown State College, presents a unique opportunity for a single tenant. Built in 1986, the property is zoned CS and offers versatile usage as either retail space or executive office space, catering to a variety of business needs. The unit is currently vacant and ready for immediate occupancy. The convenient location boasts ample street parking, ensuring easy access for clients and employees. Furthermore, its central downtown position benefits from high foot traffic generated by Penn State University students and local shoppers, providing excellent visibility and potential for increased customer interaction. The property sits on a 0.01-acre lot and features a single-tenant occupancy. Common area maintenance (CAM) and homeowner's association (HOA) fees are $570 per month. This property is an ideal choice for businesses seeking a prominent location in a vibrant and bustling area. The property's size and location make it a highly attractive investment opportunity in a thriving college town. The property's zoning designation is CS, reflecting its suitability for commercial use. The absence of dedicated parking spaces is offset by the abundance of street parking readily available in the immediate vicinity.
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
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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.