Advertise
    Pennsylvania
    Restaurant

    Centre County, PA Restaurants for Lease

    Notify Me
    List
    Map
    Philadelphia, PA Pittsburgh, PA Allentown, PA Lancaster, PA Bethlehem, PA York, PA Harrisburg, PA Erie, PA
    Retail and Restaurant Space Available
    Updated: Nov 24, 2025
    Retail and Restaurant Space Available

    338 West College Avenue, State College, PA

    Contact for pricing
    3,311 sqft
    Located at the highest vehicular intersection in downtown State College, providing fantastic visibility.
    At the doorstep of Penn State University, a major economic driver with 40,000 employees and 45,000 students.
    Benefits from $500M in annual spending by Penn State employees and students.
    Part of a 1,000‑bed student housing development, ensuring a built‑in customer base.
    Walking distance to Penn State’s main campus, best‑in‑class retail tenants, and other off‑campus student housing.
    View details
    Ground-Floor Retail & Restaurant Space
    Updated: Oct 28, 2025
    Ground-Floor Retail & Restaurant Space

    338 West College Avenue, State College, PA 16801

    Contact for pricing
    3,311 sqft
    Ground‑floor retail and restaurant space in a new 1,000‑bed student housing development
    New construction delivering September 2021
    Fantastic visibility at the highest vehicular intersection in downtown State College
    Walking distance to Penn State’s main campus
    At the doorstep of Penn State University with over 40,000 employees and 45,000 students
    View details
    Ground Floor Retail Restaurant Space
    Ground Floor Retail Restaurant Space

    338 West College Avenue, State College, PA 16801

    Contact for pricing
    4,918 sqft

    New ground-floor retail and restaurant space available within a student housing development, delivering September 2021.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    New Retail Plaza in State College
    New Retail Plaza in State College

    250 Squirrel Dr, State College, PA 16801

    Contact for pricing
    25,000 sqft

    New retail plaza near Penn State with flexible lease options.

    View details
    Benner Pike Commercial Pad Site
    Benner Pike Commercial Pad Site

    2780 BENNER PIKE, Bellefonte, PA 16823

    $35 SF/Yr
    12,000 sqft

    12,000 sq. ft. pad site for lease.

    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 Active listings in Centre County, PA, we suggest exploring alternatives. Similar 9 Properties for Sales.

    Similar Spaces for Sale in Centre County, PA

    Consider Similar Space for Sale. We found 9 Spaces matching your search parameters.

    Hospitality Property with Restaurant and Motel
    Hospitality Property with Restaurant and Motel

    1535 Port Matilda Hwy, Philipsburg, PA 16866

    $1,350,000
    12,568 sqft

    A 16-room motel with an on-site restaurant featuring two bars and multiple dining areas, plus ample guest parking.

    View details
    Two-Story Brick Office and Retail
    Two-Story Brick Office and Retail

    4576 Penns Valley Rd, Spring Mills, PA 16875

    $999,000
    6,000 sqft 2.52 AC lot

    Two brick buildings totaling medical and retail-ready space with ample on-site parking for flexible commercial use.

    View details
    Three-Level Restaurant with Commercial Kitchen
    Three-Level Restaurant with Commercial Kitchen

    559 N Pennsylvania Avenue, Centre Hall, PA 16828

    $1,777,000
    33,486 sqft

    Three levels totaling 33,486 sq ft, including a large commercial kitchen, elevator access, and an outdoor deck with retractable roof.

    View details
    Stand-Alone Restaurant with Patio
    Stand-Alone Restaurant with Patio

    1905 Waddle Rd, State College, PA 16803

    Contact for pricing
    7,000 sqft

    Standalone restaurant building with dedicated patio seating for foodservice concepts.

    View details
    Multi-Use Entertainment Center
    Multi-Use Entertainment Center

    1521 Martin St, State College, PA 16803

    Contact for pricing
    37,500 sqft 3.25 AC lot

    Bowling alley, sports bar/restaurant, and motel on multiple acres near N Atherton retail corridor.

    View details
    Restaurant and Bar For Sale
    Restaurant and Bar For Sale

    1669 N ATHERTON STREET, State College, PA 16803

    $1,750,000

    Bar and conventional restaurant available for sale on North Atherton Street in State College, Pennsylvania.

    View details
    Drive-Through Restaurant Opportunity
    Drive-Through Restaurant Opportunity

    1515 PORT MATILDA HWY, Philipsburg, PA 16866

    $325,000

    Turn-key restaurant with drive-thru window, seating for 28, and updated equipment including walk-in coolers and freezer.

    View details
    Commercial Building in Pleasant Gap
    Commercial Building in Pleasant Gap

    214 N MAIN STREET, Pleasant Gap, PA 16823

    $1,100,000
    0.37 AC lot

    Immaculately maintained commercial building with multiple uses and tenants.

    View details
    State College Retail Investment Opportunity
    State College Retail Investment Opportunity

    Address Not Disclosed, State College, PA

    $130,000
    900 sqft

    900 SF retail or restaurant space in State College.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Fallston Commercial Land for Lease
    Fallston Commercial Land for Lease

    2401 Pleasantville Road, Fallston, MD 21047

    Contact for pricing

    2.96 acre commercially zoned land in Fallston, Maryland.

    View details
    Heavy Commercial Development Land
    Heavy Commercial Development Land

    6233-6235 State Route 88, Finleyville, PA 15332

    $997,500/Mo

    Shovel-ready C3 parcel with utilities in place, offering space for a commercial operation and expansion flexibility.

    View details
    Commercial Land at Major Intersection
    Commercial Land at Major Intersection

    12640 Lord Fairfax Hwy, Boyce, VA 22620

    Contact for pricing

    8 acres of commercial land for ground lease.

    View details
    Commercial Land for Proposed Site Development
    Commercial Land for Proposed Site Development

    2585 Maple Lane, Pittsburgh, PA 15241

    $50,000/Mo

    RMD-zoned, level commercial land parcel with all utilities and approvals completed for a proposed site and building.

    View details

    Centre County, PA Restaurants Market Trends and Statistics

    Explore Restaurants leasing options in Centre County, PA with 5 listings featured on our commercial real estate exchange. The current inventory includes 48,540 square feet of properties with an estimated lease value of $35 SF/Yr.

    Estimated lease rates for Restaurants in Centre County, PA average $35 SF/Yr.
    List
    Map

    Restaurants by market

    Browse Restaurants for Lease Near Centre, PA

    Popular Categories

    Featured Centre County Real Estate Agencies

    Realmo connects you with licensed Centre County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RE/MAX Centre Realty
    1375 Martin St State College, PA 16803
    Phone: 18142802177
    www.statecollegehomes.com/
    Yocum Real Estate Centre LLC
    State College, PA 16803
    www.yocumrealestatecentre.com/

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!