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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1994--1996 General Potter Hwy Centre Hall, PA 16828

1.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Centre Hall, Pennsylvania property presents a unique investment opportunity. Located at 1994-1996 General Potter Highway, this mixed-use offering encompasses two buildings on a 1.4-acre lot, zoned for Planned Commercial-Industrial District use. The property boasts a combined total of two stories, constructed in 1901 and 1952. Currently vacant, this storefront presents a blank canvas for a variety of commercial ventures. The buildings offer ample space for both retail and office uses, previously operating as an antique shop. The property's convenient location offers easy access to State College, making it an attractive proposition for businesses seeking a high-visibility location. The fee simple ownership provides complete control and potential for future development. This is an ideal opportunity for entrepreneurs seeking to establish a new business or expand an existing one. The property's versatility and prime location make it a compelling investment in a thriving Pennsylvania market. The spacious layout, including a walk-out basement with office spaces, and a large deck, offers significant potential for customization and expansion. This is a rare chance to acquire a well-situated, mixed-use property with significant upside potential in a desirable location. The asking price is $499,000.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.4 ac (60,984 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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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