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Property profile & analytics
OFF-MARKET
Office Spaces

338 College Ave State College, PA 16801

53,000 SF
Property ID
Property summary
AI-generated overview

338 West College Avenue presents a unique opportunity to lease prime Class A office space in the heart of State College, Pennsylvania. This exceptional property, located within a vibrant mixed-use complex, offers a total of 53,000 square feet across three stories, with four available suites ranging from a minimum of 1,250 square feet to a maximum contiguous space of 13,250 square feet. Currently, the entire 53,000 square feet is vacant and ready for immediate occupancy. The building boasts a strategic location at the highest vehicular intersection in downtown State College, ensuring exceptional visibility and accessibility. Its proximity to Penn State's main campus, coupled with its presence within a complex featuring best-in-class retail tenants and other student housing options, creates a highly desirable environment for businesses seeking a thriving and convenient location. The building also includes a three-story covered parking garage, providing ample parking for tenants and their clients. This is an unparalleled opportunity to establish a presence in a dynamic and high-traffic area, benefiting from the strong student population and the vibrant downtown State College community. The property is situated in Centre County and is categorized as an Executive Office and Mixed-Use building.

Property profile
Verified
Property type Office Spaces
Total area 53,000 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
  • State College Discount Porta Potty Rental Building Supply
  • Hard Money Lenders State College PA Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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