2123 E College Ave State College, PA 16801
For Sale
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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.
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Weaver Memorials General Contractor
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BAYADA Pediatrics Home Health Care Service
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Apple Fitness Equipment Gym & Fitness Center (Bike/Boat/Book/etc) Store
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BAYADA Adult Nursing Home Health Care Service
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Apple Fitness Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.