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    Centre Hall, PA
    Restaurants

    Centre Hall, PA Restaurants for Sale

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    Spring Mills, PA Boalsburg, PA Milroy, PA Bellefonte, PA State College, PA Albrightsville, PA Reedsville, PA Coaldale, PA
    Three-Level Restaurant with Commercial Kitchen
    Updated: Mar 22
    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 of restaurant, event, and meeting space
    Large commercial kitchen on‑site
    Elevator access from the main floor to the bar and second‑floor restaurant
    Outdoor deck with a retractable roof
    Business and liquor license available at an additional cost
    View details
    See what stands out in Centre County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Centre Hall, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

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

    1535 Port Matilda Hwy, Philipsburg, PA 16866

    $1,200,000
    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
    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
    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
    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

    Off-Market Properties in Centre Hall, PA

    Consider similar Off-Market properties in Centre Hall, 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.

    559 Pennsylvania Ave
    RESTAURANT

    559 Pennsylvania Ave, Centre Hall, PA 16828-9238

    Estimated value:
    $295,000
    9.10 AC lot
    View details
    104 Wilson St
    RESTAURANT

    104 Wilson St, Centre Hall, PA 16828-8703

    Estimated value:
    $245,000
    0.57 AC lot
    View details

    Centre Hall, PA Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Centre Hall, PA on our real estate platform. These investment opportunities span a total of 33,486 square feet of properties for sale, with an estimated market value of $1,777,000.

    Sale prices for restaurant properties in Centre Hall, PA average $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 4,774
    Population Growth (5Y) +9.9%
    Median Household Income $73,810
    College Educated 42.7%

    High-Yield Neighborhoods for Investment

    Identify Centre Hall submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    16828 $1.8M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Centre County

    New Delisted

    Total CRE Inventory on Market (SF)

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