2123 College AveState College, PA 16801

  • Land
  • 0.52 AC
For Sale
$315,000 View listing

Property Details for 2123 College Ave

Lot size
0.52 AC
Property type
Land
Property subtype
Commercial land
APN
19-004A,017-,0000-
APU
19004A0170000

Description

This exceptional commercial property at 2123 E College Ave in State College, PA, offers a unique opportunity to acquire or lease office space. The property consists of two, single-story buildings totaling 5,000 square feet, situated on a 1.7-acre lot. Currently featuring a showroom space, the 1,250 square feet of vacant space is adaptable to various uses. Built in 2009 and renovated in 2018, the property boasts a modern, open floor plan with 9-foot ceilings and sleek finishes. The convenient location along a high-traffic thoroughfare (over 22,000 vehicles daily) provides excellent visibility and accessibility, with easy access to Route 322. The property is zoned C1-Commercial General and features 56 total parking spaces. The building is a Class B property with multiple tenants. The condo association handles exterior maintenance, simplifying ownership. Utilities, trash, and janitorial services are the responsibility of the tenant. APN: 19-004A,017-,2123D. This is an ideal location for businesses seeking high visibility and convenient access to a substantial population center in the State College submarket of Centre County.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,249,666
    Hospitality
    $4,808,666
    Educational
    $4,000,754
    Medical
    $4,138,346
    Retail
    $6,223,395
2123 College Ave, State College, Pennsylvania
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Location Insight

City
State College
County
Centre
State
Pennsylvania
Latitude
40.8214
Longitude
-77.8159
CBSA code
44300
CBSA name
STATE COLLEGE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,744
$28,315
-
$28,315
-
$56,630
-
$56,630

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