911 University Dr State College, PA 16801-6632
This two-story, brick office building in State College, PA offers over 10,812 square feet of space on a 0.94-acre lot. Located on University Drive, it boasts high visibility and ample parking for 40 vehicles. Built in 1975, the property features electric heating and a kitchen on each floor. Its convenient location offers easy access to sidewalks, bus routes, and bicycle paths, situated in a charming neighborhood near other professional businesses and single-family homes. The property is zoned PO and presents a significant investment opportunity with its prime location and substantial space. The asking price reflects the building's size, location, and potential for various business uses. This property is an excellent choice for businesses seeking a prominent and accessible location in State College. The combination of ample parking, high visibility, and convenient location makes this a truly exceptional opportunity. The building's solid construction and established location contribute to its long-term value and potential for growth. This is a rare chance to acquire a well-maintained, established office building in a thriving Pennsylvania community.
-
AgIntegrated (Bike/Boat/Book/etc) Store Corporate Office
-
Dr. Upendra N. Thaker, MD Physician
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
Similar Nearby for Lease
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.