Property summary
This exceptional 5,390 square foot restaurant space is available for lease at 129 S Pugh Street in State College, Pennsylvania, 16801. The property boasts a single-tenant occupancy, offering a blank canvas for a discerning restaurateur. The entire 5,390 square feet is currently vacant, providing immediate occupancy for a new business. The building is equipped with 3-phase power, essential for the demands of a modern commercial kitchen and restaurant operation. Located on South Pugh Street,… this property benefits from high visibility and foot traffic, placing it in the heart of a vibrant and bustling commercial district. The address is ideally situated to capture both student and local clientele, offering significant potential for a successful culinary venture. The property's size and layout provide ample space for a full-service restaurant, including a dining area, kitchen, and potentially additional features such as a bar or outdoor seating (subject to local regulations and approvals). This is a rare opportunity to establish a thriving restaurant business in a prime State College location. The property's single-tenant status offers complete control and customization for the new tenant. Interested parties are encouraged to inquire promptly to secure this exceptional space. The property is ready for immediate occupancy. The building's size and location make it an ideal opportunity for a variety of restaurant concepts.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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