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    Renovated Commercial Condo For Sale
    Updated: Apr 1, 2024
    Renovated Commercial Condo For Sale

    2123 E College Ave, State College, PA 16801

    $220,000
    1,250 sqft
    High‑visibility location on a major artery with 22,000+ vehicles passing daily and direct access to Route 322.
    Freshly renovated with a sleek, modern open layout and high‑end finishes.
    Flexible space adaptable to various business needs, currently functioning as a showroom.
    Opportunity to own instead of lease in a dynamic market.
    Condo association handles exterior maintenance, freeing up owner's time.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2123 E College Ave, State College, PA 16801

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $11K
      Annual

    • Mortgage

      $164K
      May 2018

    • Last Sold

      Aug 2018
      $215K
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in State College, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Freestanding Auto Dealership Building
    Freestanding Auto Dealership Building

    1171 Eichelberger St, Hanover, PA 17331

    $2,200,000
    11,300 sqft 2.04 AC lot

    Former auto dealership with large open interior spans and ceiling heights over 16 feet.

    View details
    Versatile Commercial Property For Sale
    Versatile Commercial Property For Sale

    6905 Baltimore National Pike, Frederick, MD 21702

    $2,250,000
    0.92 AC lot

    Spacious property with showroom, warehouse, and excellent accessibility.

    View details
    Hanover Warehouse and Office Building
    Hanover Warehouse and Office Building

    316 Broadway, Hanover, PA 17331

    $399,000
    4,851 sqft

    4,851 SF warehouse and office building in Hanover, PA.

    View details
    Versatile Commercial Property on Baltimore Pike
    Versatile Commercial Property on Baltimore Pike

    6905 Baltimore National Pike, Frederick, MD 21702

    $2,250,000
    12,351 sqft

    Spacious mixed-use property with showroom and warehouse space for sale.

    View details

    State College, PA Showrooms Market Trends and Statistics

    Explore 1 showrooms for sale in State College, PA on our real estate platform. These investment opportunities span a total of 1,250 square feet of properties for sale, with an estimated market value of $220,000.

    Sale prices for showrooms in State College, PA start at $220,000, averaging $220,000, and reaching up to $220,000 — 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

    Shopping centers 8
    Storefront properties 6
    Showrooms 2
    Automotive properties 1
    Gas stations 1

    Demographics Overview

    Population 79K
    Population Growth (5Y) +0.7%
    Median Household Income $66,118
    College Educated 58.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    16801 $229.9K

    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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    Most Searched ZIP Codes in State College, PA

    • 16801

    Featured State College Real Estate Agencies

    Realmo connects you with licensed State College 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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