Restaurant

State College, PA Restaurants for Lease

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Boalsburg, PA Bellefonte, PA Milroy, PA Reedsville, PA Burnham, PA Lewistown, PA Philipsburg, PA Huntingdon, PA
Retail and Restaurant Space Available
Updated: Oct 28, 2025
Retail and Restaurant Space Available

338 West College Avenue, State College, PA

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3,311 sqft 0.08 AC lot
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.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in State College, PA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 4 Properties for Sales.

Restaurants for Lease in Nearby Cities

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

Plumbed Food Service Retail Space
Plumbed Food Service Retail Space

406 S Logan Blvd, Altoona, PA 16602

$1,600/Mo
500 sqft

Storefront with large front windows and existing plumbing for a 3-compartment sink and grease trap.

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Commercial Kitchen Space
Commercial Kitchen Space

1706 Walnut Street, Harrisburg, PA 17103

Contact for pricing
1,344 sqft

Former restaurant premises with an existing commercial kitchen and restaurant equipment.

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Harrisburg Retail Space For Lease
Harrisburg Retail Space For Lease

2915 North 7th Street, Harrisburg, PA 17110

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6,200 sqft

Retail spaces available in neighborhood shopping center near Downtown Harrisburg.

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Restaurant Space with Equipment
Restaurant Space with Equipment

Altoona, PA 16602

$1,800/Mo
1,620 sqft

Over 1,600 square feet with furnishings, equipment, and an NNN lease structure.

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Similar Spaces for Sale in State College, PA

Consider Similar Space for Sale. We found 4 Spaces matching your search parameters.

Restaurant and Bar For Sale
Restaurant and Bar For Sale

1669 N Atherton St, State College, PA 16803

$1,750,000
2,500 sqft

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

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Stand-Alone Restaurant with Patio
Stand-Alone Restaurant with Patio

1905 Waddle Rd, State College, PA 16803

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7,000 sqft

Standalone restaurant building with dedicated patio seating for foodservice concepts.

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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.

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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.

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State College, PA Restaurants Lease Rates & Market Statistics

Explore 1 Restaurants listing for lease in State College, PA on Realmo, a commercial real estate exchange covering the State College area. The current inventory totals 3,311 square feet of properties.

State College accounts for 50% of the 2 restaurants currently available across Centre County, where a nearby market includes Bellefonte.

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