Property summary
This Class A, 12-story mixed-use building at 131 Hiester Street in State College, Pennsylvania offers prime office space for lease. The building totals 529,922 square feet, with a minimum divisible space of 1,255 square feet and a maximum contiguous space of 17,143 square feet. Currently, there are four suites available, with a total of 49,080 square feet of vacant space. The property features 130 parking spaces and is ideally located in the heart of downtown State College, within walking… distance of numerous popular restaurants and retailers, including Dunkin', Chipotle, Urban Outfitters, Jimmy John's, and Primanti Bros. The building is also conveniently located a half block from Pennsylvania State University, a top 20 public research university with over 47,000 students. This vibrant location offers excellent visibility and accessibility, making it an ideal space for businesses seeking a thriving downtown presence. The building is part of a larger development that includes a 228-unit luxury student apartment building with over 755 beds. This ensures a high volume of foot traffic and a strong potential customer base. The property is situated in Centre County and has a 16801 zip code.
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
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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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