206 High St Bellefonte, PA 16823-1302

Property Details for 206 High St

Lot size

0.79 lot acres

Property type

Commercial real estate

APN

32-303-,049-,0000-

APU

323030490000

Description

This exceptional mixed-use property, located at 206 W High St in Bellefonte, Pennsylvania, presents a lucrative investment opportunity. The 16,696 square foot building, constructed in 1900, sits on a 0.79-acre lot and boasts a prime location in the heart of downtown Bellefonte. Currently configured as a blend of commercial, professional office, daycare, and retail spaces, along with four residential rental units, this property offers diverse income streams. The asking price is $795,000, translating to $47.62 per square foot. The building benefits from recent renovations to several of the residential apartments. Its strategic location provides excellent street frontage on West High Street, South Spring Street, and West Cherry Lane, ensuring high visibility and accessibility. The property is zoned for commercial use, providing flexibility for future development or adaptation to changing market demands. With twelve units in total, this property offers a substantial rental income potential. This is a rare opportunity to acquire a well-positioned, income-generating mixed-use property in a thriving Pennsylvania town. The property's size, diverse tenant mix, and central location make it an attractive investment for both seasoned and emerging investors. The 16,696 square feet of net rentable space provides ample room for expansion or further diversification of the tenant base. This is a turnkey operation ready for immediate income generation.