State College, PA Restaurants for Rent & Lease

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3,311 SF

Retail and Restaurant Space Available

338 West College Avenue, State College, PA

Ground floor retail and restaurant space near Penn State.

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.

Updated: Nov 24, 2025

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3,865 SF

Restaurant Space with Outdoor Patio

226 W College Ave, State College, PA

Sublease opportunity: restaurant space with outdoor seating and visibility.

Excellent visibility
Outdoor patio
QSR available for Sublease

Updated: Oct 14, 2025

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$25 SF/Yr

22,000 SF

Prime Corner Retail/Restaurant Space

Retail/restaurant space for lease in downtown State College, PA.

131 Hiester St, State College, PA 16801

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7,000 SF

Stand-Alone Restaurant with Patio

Restaurant with outdoor patio, ample parking, and liquor license.

1905 Waddle Rd, State College, PA 16803

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Prime Retail Development Opportunity

Land available for lease near Penn State and Beaver Stadium.

1230 E College Ave, State College, PA 16801

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 5 Active listings in State College, PA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

$1,800/Mo

1,620 SF

Altoona Commercial Space For Rent

1,620 SF commercial space in Altoona, Pennsylvania.

Altoona, PA 16602

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$20,400 SF/Yr

Former Coffee Shop with Drive-Thru

Commercial space with drive-thru, suitable for retail or restaurant.

722 6th Ave, Altoona, PA 16602

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Redevelopment Opportunity in Carlisle, PA

Redevelopment opportunity for retail, office, and restaurant users.

202 E High St, Carlisle, PA 17013

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Retail and Restaurant Spaces Available

Former bank and restaurant spaces for lease on Spring Rd.

1958 Spring Rd, Carlisle, PA 17013

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Similar Spaces for Sale in State College, PA

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

State College Retail Investment Opportunity

$130,000

900 SF

State College Retail Investment Opportunity

900 SF retail or restaurant space in State College.

Address Not Disclosed, State College, PA

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$3,900,000

27.79 Acres

Turnkey Restaurant & Sustainable Farm

Turnkey restaurant and sustainable farm with real estate for sale.

1000 S Filmore Rd, State College, PA

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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.

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Fallston Commercial Land for Lease

2.96 acre commercially zoned land in Fallston, Maryland.

2401 Pleasantville Road, Fallston, MD 21047

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$997,500 SF/Yr

Commercial Development Site For Lease

2.73-acre commercial land parcel available for lease in Union Twp.

Finleyville, PA 15332

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$400,000 SF/Yr

Commercial Land at Major Intersection

8 acres of commercial land for ground lease.

12640 Lord Fairfax Hwy, Boyce, VA 22620

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$5,000/Mo

108,900 SF

Commercial Land Ready For Development

2.5 acres of commercial land available for rent.

26 Southside Lane, Dalton, PA 18414

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State College, PA Restaurants Leasing Opportunities Market Analysis

Explore Restaurants leasing options in State College, PA with 5 listings featured on our commercial real estate exchange. The current inventory includes 22,000 square feet of properties with an estimated lease value of $25 SF/Yr.

Estimated lease rates for Restaurants in State College, PA begin at $25 SF/Yr, with an average of $25 SF/Yr and extend to $25 SF/Yr.

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