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    State College, PA Specialty Properties for Sale

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    Medical Building in Science Park
    Updated: Feb 16, 2024
    Medical Building in Science Park

    2014 Sandy Dr, State College, PA 16803

    $2,890,000
    9,202 sqft
    Absolute NNN Lease with Advanced Dentistry of Centre County in place through 2029, providing stable income.
    Potential for owner‑operator to occupy the vacant unit and eliminate rent expenses.
    Significant estimated annual tax savings (+$75,000) and after‑tax cash flow (+$30,000) for owner‑operator.
    Located in the Science Park Commercial District, west of Penn State University.
    Class A Medical Building configured as a dental office, with two separate units and entrances.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2014 Sandy Dr, State College, PA 16803

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $111K
      Annual

    • Mortgage

      $2M
      Jul 2020

    • Last Sold

      Jul 2020
      $2.5M
    View Property Analytics
    Specialty Commercial Property
    Updated: Apr 13
    Specialty Commercial Property

    610 Southgate Dr, State College, PA 16801

    $5,695,000
    Specialty commercial property at 610 Southgate Dr, State College
    Built in 1983
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in State College, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Bellwood Corner Commercial Property
    Bellwood Corner Commercial Property

    1 Main St., Bellwood, PA 16617

    $450,000
    7,700 sqft

    Corner commercial property in Bellwood, Pennsylvania, totaling 7,700 square feet.

    View details
    Historic Event Venue with Ballroom
    Historic Event Venue with Ballroom

    1 MAIN ST., Bellwood, PA 16617

    $450,000
    0.92 AC lot

    Completely renovated historic mansion with working elevator, ballroom, kitchen, and on-site parking.

    View details
    Bellefonte Commercial Property for Sale
    Bellefonte Commercial Property for Sale

    116 S Penn St, Bellefonte, PA 16823

    $325,000
    2,598 sqft

    Commercial property available in Bellefonte, Pennsylvania.

    View details
    Benner Township Church Opportunity
    Benner Township Church Opportunity

    1667 BUFFALO RUN ROAD, Bellefonte, PA 16823

    $229,500
    0.36 AC lot

    Well-maintained church in Benner Township with farmland views.

    View details

    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.

    Vacant Lot in Altoona
    Vacant Lot in Altoona

    1479 Washington Avenue, Altoona, PA 16601

    Contact for pricing
    0.07 AC lot

    Affordable 0.07-acre vacant lot, ideal for land holding.

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    Redevelopment Opportunity on Market Street
    Redevelopment Opportunity on Market Street

    1723 S Market St, Mechanicsburg, PA 17055

    $1,900,000
    4.33 AC lot

    Up to 4.33 acres for redevelopment in Mechanicsburg, PA.

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    Prime Commercial Land, Hummelstown, PA
    Prime Commercial Land, Hummelstown, PA

    604 HERSHEY Road, Hummelstown, PA 17036

    $500,000
    2.20 AC lot

    Flat, buildable 2.2-acre corner lot with high visibility and access.

    View details
    Redevelopment Opportunity in Western Maryland
    Redevelopment Opportunity in Western Maryland

    10105 COTTAGE INN Lane NE, Cumberland, MD 21502

    $550,000
    14.58 AC lot

    14-acre commercial property with redevelopment potential near Cumberland, Maryland.

    View details

    State College, PA Specialty Properties Market Trends and Statistics

    Explore 2 specialty properties for sale in State College, PA on our real estate platform. These investment opportunities span a total of 9,202 square feet of properties for sale, with an estimated market value of $8,585,000.

    Sale prices for properties in State College, PA start at $2,890,000, averaging $4,292,500, and reaching up to $5,695,000 — 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

    NNN properties 2
    1031 exchange properties 1
    Day care centers 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
    16803 $2.9M

    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
    • 16803

    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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