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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

129 Pugh St State College, PA 16801

5,390 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,390 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bitcoin Depot | BDCheckout Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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