About 500 E College Ave
Calling All Investors! A prime commercial property located in the heart of Downtown State College — just steps from campus, offering excellent visibility and heavy foot traffic. This income-generating property features a triple net lease with a primary term through March 2026, including two renewal options and annual rent increases. Don't miss this rare opportunity to add a reliable revenue stream to your portfolio in a high-demand location. One of the sellers is a licensed real estate agent in the Commonwealth of Pennsylvania.
Features of 500 E College Ave
| MLS® # | PACE2514882 |
|---|---|
| Price | $680,000 |
| Bathrooms | 0.00 |
| Square Footage | 2 |
| Acres | 0.01 |
| Year Built | 1984 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Pending |
Community Information
| Address | 500 E College Ave |
|---|---|
| Area | State College Boro (16436) |
| City | STATE COLLEGE |
| County | CENTRE-PA |
| State | PA |
| Zip Code | 16801 |
| Senior Community | N |
Amenities
| Parking Type | None |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Central, Forced Air, Heat Pump(s) |
|---|---|
| Cooling | Central A/C, Heat Pump(s) |
| Fireplace | No |
| Has Basement | No |
| Central Air | Y |
Exterior
| Exterior | Brick and Siding |
|---|---|
| Roof | Shingle |
| New Construction | N |
School Information
| District | STATE COLLEGE AREA |
|---|
Additional Information
| Date Listed | May 27th, 2025 |
|---|---|
| Days on Market | 130 |
| Zoning | CS |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Kissinger, Bigatel & Brower |
|---|---|
| Contact Info | (814) 234-4000 |