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Listed by James Bradley • Keller Williams Advantage Realty
$1,990,000
Est. payment /mo
1.3 Acres Lot
Price Dropped by $10K
200 ELMWOOD ST State College, PA 16801
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PACE2519008
Year Built 1965
Annual Tax Amount $16,325
Tax Year 2025
Lot Size 1.300 Acres
Acres 1.3
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
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.
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.
Location
State PA
County Centre
Area College Twp (16419)
Zoning COMMERCIAL
Interior
Hot Water Tankless
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 26.0
Water Access N
Roof Type Architectural Shingle
Accessibility Other
Total Parking Spaces 26
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
School District State College Area
Others
Tax ID 19-013-,075-,0000-
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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