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    Centre County, PA Restaurants for Sale

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    9 properties
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    Two-Story Brick Office and Retail
    Updated: Jun 12
    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 on 2.52 acres at the Penns Valley Middle & High School complex on Rt 45
    Largest brick building has 6,000+ SF for professional offices, retail, and other permitted use options
    Lower level is currently leased for dental/optometry use with 7 private offices, 8 consult/exam rooms, workstations/lab areas, display space, reception, and kitchen/break room
    Upper level is set up for offices, consultations, and a lab and can be opened up for retail and other permitted options
    Second brick building totals 1,878 SF and is currently used as an ice‑cream shop (former pharmacy)
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    This listing looks promising.

    Here's a quick look at some key insights for

    4576 Penns Valley Rd, Spring Mills, PA

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    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $72K
      Annual

    • Price @ 7% Cap

      $1.03M
      Above asking
    View Property Analytics
    Hospitality Property with Restaurant and Motel
    Updated: Jul 20
    Hospitality Property with Restaurant and Motel

    1535 Port Matilda Hwy, Philipsburg, PA 16866

    $1,350,000
    12,568 sqft
    1957‑built 16‑room motel with private baths in each room
    Guest amenities include mini refrigerator, cable TV, WiFi, and a desk with ottoman and roll‑out dinette table
    On‑site restaurant with two bars and three dining rooms, with indoor and outdoor seating
    Set on a 1.38‑acre parcel with 48 front and 36 rear parking spaces
    Four guest restrooms plus a dedicated employee restroom
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    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.

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    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.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    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.

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    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.

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    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.

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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.

    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Centre County, PA, we suggest exploring several alternatives: similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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.

    Prime Commercial Land on US Route
    Prime Commercial Land on US Route

    35 Kauffman Lane, Mifflintown, PA 17059

    $950,000
    11.27 AC lot

    11.268 acres of commercial land with high visibility.

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    Commercial Land in Holliday Towne
    Commercial Land in Holliday Towne

    202 Patch Way Road, Duncansville, PA 16635

    $180,000
    1.00 AC lot

    1-acre commercial parcel with high visibility and traffic.

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    Breezewood Commercial Land For Sale
    Breezewood Commercial Land For Sale

    16359 Lincoln Hwy, Breezewood, PA 15533

    $195,000
    500 sqft 5.81 AC lot

    5.81 acres of commercial land with excellent visibility.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    4041 Linglestown Road, Harrisburg, PA 17112

    $495,000
    2.00 AC lot

    2-acre commercial land with high visibility in Harrisburg.

    View details

    Off-Market Properties in Centre County, PA

    Consider similar Off-Market properties in Centre County, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    418 Westerly Pkwy
    RESTAURANT

    418 Westerly Pkwy, State College, PA 16801-5903

    $11,800,000
    Estimated value
    2.95 AC lot
    View details
    2235 Atherton St
    RESTAURANT

    2235 Atherton St, State College, PA 16803-1529

    $2,715,000
    Estimated value
    5.03 AC lot
    View details
    521 College Ave
    RESTAURANT

    521 College Ave, Pleasant Gap, PA 16823-7511

    Value Estimation by Request
    2.00 AC lot
    View details
    1610 College Ave
    RESTAURANT

    1610 College Ave, State College, PA 16801-2717

    Value Estimation by Request
    1.76 AC lot
    View details
    449 Hublersburg Rd
    RESTAURANT

    449 Hublersburg Rd, Howard, PA 16841-3905

    Value Estimation by Request
    2.81 AC lot
    View details
    2495 Eagle Vly Rd
    RESTAURANT

    2495 Eagle Vly Rd, Howard, PA 16841-2802

    Value Estimation by Request
    0.83 AC lot
    View details
    442 College Ave
    RESTAURANT

    442 College Ave, State College, PA 16801-5508

    $12,000,000
    Estimated value
    0.18 AC lot
    View details
    130 Hiester St
    RESTAURANT

    130 Hiester St, State College, PA 16801-4749

    Value Estimation by Request
    0.16 AC lot
    View details
    1885 Waddle Rd
    RESTAURANT

    1885 Waddle Rd, State College, PA 16803-1600

    $2,120,000
    Estimated value
    0.31 AC lot
    View details
    521 University Dr
    RESTAURANT

    521 University Dr, State College, PA 16801-6536

    Value Estimation by Request
    0.57 AC lot
    View details
    127 Bishop St
    RESTAURANT

    127 Bishop St, Bellefonte, PA 16823-1997

    Value Estimation by Request
    0.11 AC lot
    View details
    850 Eagle Vly Rd
    RESTAURANT

    850 Eagle Vly Rd, Bellefonte, PA 16823-4734

    Value Estimation by Request
    0.67 AC lot
    View details
    901 Bishop St
    RESTAURANT

    901 Bishop St, Bellefonte, PA 16823-2320

    $1,140,000
    Estimated value
    0.63 AC lot
    View details
    1860 Atherton St
    RESTAURANT

    1860 Atherton St, State College, PA 16803-1520

    $4,680,000
    Estimated value
    0.69 AC lot
    View details
    1820 Atherton St
    RESTAURANT

    1820 Atherton St, State College, PA 16801-7603

    $1,650,000
    Estimated value
    1.39 AC lot
    View details

    Centre County, PA Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Centre County, PA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 97,454 square feet of properties for sale, with an estimated market value of $7,431,000.

    Sale prices for restaurant properties in Centre County, PA start at $130,000, averaging $1,061,571, and reaching up to $1,777,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    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/

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