200 Elmwood St, State College, PA 16801
- $1,990,000
- List Price
- $1,990,000
- Price Change
- ▼ $10,000 1787799546
- Days on Market
- 46
- Status
- ACTIVE
- MLS#
- PACE2519008
- Lot Size (Acres)
- 1.3
- Year Built
- 1965
- County
- Centre
- School District
- State College Area
Property Description
200 Elmwood Street offers a rare turnkey mixed-use investment opportunity in highly desirable College Township just minutes from Penn State University, Downtown State College, Route 322, and I-99. The property features a long-established veterinary practice operating under a triple net lease and a recently upgraded 3-bedroom, 1-bath residential apartment, creating multiple income streams The veterinary practice occupies approximately 5,905 SF across two floors and recently expanded into former garage/storage space. Over the past year, the practice completed extensive renovations and improvements to the facility, including additional veterinary space and upgrades throughout the property. The residential apartment encompasses approximately 1,674 SF and has also been recently renovated. Positioned on approximately 1.30 acres with excellent visibility and approximately 25 parking spaces, the property is zoned Gateway Commercial (GC), allowing for a wide variety of future commercial uses and long-term flexibility. With approximately 7,579 SF total, strong accessibility, established tenancy, and a highly desirable location, this property presents an exceptional investment opportunity in the State College market.
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Additional Information
- Area
- College Twp (16419)
- Taxes
- $16325
- School District
- State College Area
- Flooring
- Luxury Vinyl Plank
- Heating
- Forced Air
- Heating Fuel
- Electric, Natural Gas
- Cooling
- Central A/C
- Roof
- Architectural Shingle
- Water
- Public
- Sewer
- Public Septic
Mortgage Calculator
Listing courtesy of Keller Williams Advantage Realty. Contact: (814) 272-3333
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