1963 Cato Ave, State College, PA 16801
This exceptional office space, located at 1963 Cato Ave in State College, PA 16801, offers immediate occupancy within the desirable Cato Park submarket. The Cato Building A, a Class B property built in 1986 and renovated in 2018, provides 8,232 square feet of versatile office space across five suites in a two-story building. Currently, 4,772 square feet are available, divisible into spaces ranging from 2,386 to 4,772 contiguous square feet. The space features 14-foot high ceilings, abundant natural light from operable windows, upgraded laminate flooring, and a kitchenette. On-site parking is readily available directly in front of the building, with additional parking also provided. The building is zoned IRD-Industrial Research & Development, making it suitable for a variety of professional uses, including but not limited to: professional offices, creative spaces, light assembly, law offices, engineering firms, and government offices. The property sits on 1.6 acres of land and is conveniently located near Research Drive. Power is supplied at 240v, single-phase. While there are no elevators, the two-story building offers easy accessibility. This is a fantastic opportunity for businesses seeking flexible, high-quality office space in a prime State College location. The property features a mix of private offices and open space, ideal for a growing and adaptable business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.