Homes for sale - 123-127 W BEAVER AVE, State College, PA 16801

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Jonathan Granlund

REAL Broker LLC

jongranlund10@gmail.com +1(703) 537-6747

$2,400,000

Est. payment - /mo

8,799 SqFt

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UPDATED:

12/31/2024 05:22 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 8,799 sqft

Price per Sqft $272

MLS Listing ID PACE2512466

Originating Board BRIGHT

Year Built 1928

Annual Tax Amount $26,781

Tax Year 2024

Lot Size 3,485 Sqft

Acres 0.08

Property Description

A rare gem in the heart of downtown State College! Located at 123-127 W Beaver Ave, this fully-leased commercial building is a prime investment opportunity just steps from Penn State University. Boasting a thriving coffee shop, a restaurant, and four well-maintained student rental apartments, this property delivers steady income in a sought-after location. With exceptional foot traffic, prime visibility, and proximity to shopping, dining, and campus life, this turn-key property is a standout opportunity for seasoned investors or those looking to break into the State College market. Don't miss your chance to own a premier building in one of State College's most desirable areas!

Location

State PA

County Centre

Area State College Boro (16436)

Zoning CC

Interior

Hot Water Electric

Heating Baseboard - Hot Water

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District State College Area

Others

Tax ID 36-012-,046-,0000-

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Chris Bickford • Keller Williams Advantage Realty

"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."

+1(703) 537-6747

jongranlund10@gmail.com

1765 Greensboro Station Pl, McLean, VA, 22102

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123-127 W BEAVER AVE State College, PA 16801