$ 1,700,000
-
$1,700,000
Price -
0
Bed -
0
Bath -
8,796
SqFt
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About the Listing CONT01 - 3346472,3380271
An unique redevelopment and/or commercial opportunity in the heart of downtown State College. This expansive two‑story commercial condominium offers exceptional flexibility for investors, developers, and visionaries looking to capitalize on the Borough’s evolving zoning landscape. This property has many options currently, but with State College actively exploring zoning updates that may support increased density, mixed‑use development, and expanded residential or commercial uses, this property is uniquely positioned for future transformation with the first floor being perfect for the building amenities. Each floor provides approximately 4,400 sq/ft of highly adaptable space. The first floor features an open, well‑maintained layout ideal for immediate occupancy or reconfiguration. The second floor, currently arranged with traditional offices, can be fully opened to create a second large floor plate—perfect for redevelopment into modern residential units, boutique hospitality concepts, collaborative workspace, or other mixed‑use possibilities. The property includes ADA‑compliant restrooms, direct elevator access, and 14 private parking spaces—an exceptional amenity in the downtown core. Its location places it steps from parks, restaurants, retail, and the energy of Penn State University, ensuring strong demand for nearly any future use. Whether you’re envisioning adaptive reuse, vertical expansion (subject to zoning approvals), or a complete redevelopment aligned with the Borough’s potential zoning changes, this property offers a strategic foothold in one of Pennsylvania’s most dynamic markets.
Listing Highlights
Status
Active
Days on Site
404
Property Type
Commercial Sale
MLS ®
PACE2514010
Year Built
1965
Total Square Footage
8,796
Lot/Acreage
0.00 x 0.00
County
Centre
Neighborhood
State College Boro
School District
State College Area
Elementary School
Easterly Parkway
High School
State College Area
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Carpet,Ceramic Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 14
- Lot Dimensions: 0.00 x 0.00
- Zoning: CO
- Roof: Rubber
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Handicap Parking,Lighted Parking,Paved Parking,Private,Parking Lot,Private Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $23,471
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
112 W Foster Avenue C State College, PA 16801
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