129 Medical Park Ln, Bellefonte, PA 16823
- $2,400,000
- List Price
- $2,400,000
- Days on Market
- 102
- Status
- ACTIVE
- MLS#
- PACE2519278
- Lot Size (Acres)
- 6.09
- Year Built
- 1997
- County
- Centre
- School District
- Bellefonte Area
Property Description
This two-building commercial portfolio at 129 & 141 Medical Park Lane offers a compelling investment opportunity with immediate cash flow and long-term upside, featuring approximately 12,384 SF across 6.09± acres in a highly accessible, strategically located Bellefonte corridor. The property is currently leased to a medical tenant, generating stable income through December 31, 2027, allowing a buyer to benefit from in-place cash flow while evaluating future development potential. Following the lease term, a deed restriction will prohibit medical users, giving a new owner flexibility to reposition the asset and explore alternative uses or redevelopment to enhance long-term value. This offering is attractive to investors, end users and developers.
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Additional Information
- Area
- Bellefonte Boro (16432)
- Taxes
- $41300
- School District
- Bellefonte Area
- Heating
- Central
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Roof
- Shingle
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Continental Real Estate Management. Contact: 8142381598
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