PA > State College
State College, PA 16801,123-127 W BEAVER AVE
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State College, PA 16801,123-127 W BEAVER AVE
State College, PA 16801,123-127 W BEAVER AVE
State College, PA 16801,123-127 W BEAVER AVE
State College, PA 16801,123-127 W BEAVER AVE
Meggie Carpenter
Meggie Carpenter

Advisor | License ID: 654291

+1(410) 303-9172

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$ 2,280,000

$ 2,400,000 5.0%

Est. payment /mo
Sold on 02/27/2025

123-127 W BEAVER AVE State College, PA 16801

8,799 SqFt

UPDATED:

Key Details

Sold Price $2,280,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 8,799 sqft

Price per Sqft $259

MLS Listing ID PACE2512466

Sold Date 02/27/25

Originating Board BRIGHT

Year Built 1928

Annual Tax Amount $26,781

Tax Year 2024

Lot Size 3,485 Sqft

Acres 0.08

Property Sub-Type Mixed Use

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

Bright MLS (BMLS)
Listed by Chris Bickford • Keller Williams Advantage Realty
Bought with Jacob K. Cooper • MSC Retail, Inc.
agent

Meggie Carpenter

Advisor | License ID: 654291

+1(410) 303-9172

GET MORE INFORMATION

Name
Phone*
Message

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123-127 W BEAVER AVE