15.77 Acres Lot
15.77 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID PACE2517258
Year Built 1959
Annual Tax Amount $110,350
Tax Year 2024
Lot Size 15.770 Acres
Acres 15.77
Property Sub-Type Office
Source BRIGHT
Property Description
The current owners undertook extensive renovations beginning in 2010, stripping the interior down to it's concrete, brick, and steel structural elements. The comprehensive rebuild incorporated modern building standards throughout, including new insulation, windows, electrical systems, HVAC, and select façade updates. Recent capital improvements include a newly installed fire alarm system, two replacement elevators, upgraded rubber roofing, and parking lot resurfacing.
With fourteen established tenants, this investment property offers built-in diversification to help ensure income stability during vacancy periods.
Location
State PA
County Centre
Area Ferguson Twp (16424)
Zoning IRD WITH CORRIDOR OVERLAY
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Flooring Carpet, Ceramic Tile
Inclusions See Marketing Deck.
Equipment See Remarks
Heat Source Electric
Exterior
Garage Spaces 315.0
Water Access N
View Mountain
Accessibility Mobility Improvements
Total Parking Spaces 315
Garage N
Building
Sewer Private Sewer
Water Public
New Construction N
Schools
High Schools State College Area
School District State College Area
Others
Tax ID 24-004-,021-,0000- / 105-1000-
Ownership Fee Simple
Security Features Sprinkler System - Indoor,Fire Detection System
Special Listing Condition Standard
Nearby Locations
- 10
Radio Park Elementary
Public | KG - 5
- 7
Ferguson Township Elementary
Public | KG - 5
- 7
Young Scholars of Central PA Charter School
Public | KG - 8
- 7
Corl Street Eementary
Public | KG - 5
- 6
Park Forest Elementary
Public | KG - 5
- 6
Centre Learning Community Charter School
Public | 5 - 8
- 0
Park Forest Montessori School
Private | PK - KG
- 0
Wonderland Charter School
Public | KG - 5
- 0
NW Human Services Autism School
Private | 2 - 9
- 0
The Goddard School
Private | PK - KG
- 0
Our Lady of Victory Catholic School
Private | KG - 8
- 0
Nittany Christian School
Private | KG - 8
- 0
Our Children's Center
Private | PK - KG
- 0
Bennett Family Center
Private | PK - KG
- 0
Grace Lutheran Preschool & Kindergarten
Private | PK - KG
- 7
Park Forest Middle School
Public | 6 - 8
- 8
State College Area High School
Public | 9 - 12
- 0
Grace Preparatory High School
Private | 9 - 12
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "