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Highlights

  • High volume foot traffic
  • Prime location in Downtown State College

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 2,100 SF
  • 5 Years
  • $20.16 /SF/YR $1.68 /SF/MO $42,336 /YR $3,528 /MO
  • Retail
  • Full Build-Out
  • June 01, 2026

- Located in downtown State College on the corner of Beaver Ave. & Allen Street - High volume foot traffic - On-site bathroom - Ample metered parking across the street - Utilities included with rent are: gas, water & sewer *Tenant is responsible for electric, trash removal and applicable taxes (DID Assessment, Centre County Real Estate & Stat College Real Estate)

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air and Heating
  • Smoke Detector
  • Prime location
  • Fully Built-Out as Standard Retail Space
  • Space In Need of Renovation
  • Private Restrooms
  • Street level entrance
  • Own entrance into space
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 2,100 SF 5 Years $20.16 /SF/YR $1.68 /SF/MO $42,336 /YR $3,528 /MO Retail Full Build-Out June 01, 2026

1st Floor

Size
2,100 SF
Term
5 Years
Rental Rate
$20.16 /SF/YR $1.68 /SF/MO $42,336 /YR $3,528 /MO
Space Use
Retail
Build-Out
Full Build-Out
Available
June 01, 2026

1st Floor

Size 2,100 SF
Term 5 Years
Rental Rate $20.16 /SF/YR
Space Use Retail
Build-Out Full Build-Out
Available June 01, 2026

- Located in downtown State College on the corner of Beaver Ave. & Allen Street - High volume foot traffic - On-site bathroom - Ample metered parking across the street - Utilities included with rent are: gas, water & sewer *Tenant is responsible for electric, trash removal and applicable taxes (DID Assessment, Centre County Real Estate & Stat College Real Estate)

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space In Need of Renovation
  • Central Air and Heating
  • Private Restrooms
  • Smoke Detector
  • Street level entrance
  • Prime location
  • Own entrance into space

Property Facts

Total Space Available 2,100 SF
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Size 33,000 SF
Year Built/Renovated 1942/1990

About the Property

Located in the heart of downtown State College, 111 W. Beaver Avenue is a vibrant mixed-use building situated just steps from the campus of Pennsylvania State University. This centrally located property is surrounded by the shops, restaurants, and energy that make downtown State College a popular destination for students and visitors alike. The building features a dynamic mix of commercial and residential spaces, including a restaurant, theater, and retail storefront, as well as student apartments on the upper floors. These uses create an active street presence while providing convenient living options for students who want to be close to campus and downtown amenities. Residents benefit from walkable access to campus, entertainment, dining, and shopping, making it an ideal location for student living. The commercial spaces add to the lively character of the building and contribute to the unique downtown atmosphere. Highlights - Prime downtown State College location - Just steps from Penn State campus - Mixed-use building with restaurant, theater, retail, and student apartments - Located in the center of downtown shopping, dining, and entertainment - Locally owned and professionally managed 111 W. Beaver Avenue offers a combination of convenience, entertainment, and student living, making it a well-known and active property in downtown State College.

Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Citizens Bank
Truist
PNC Bank
Northwest Bank
Buffalo Wild Wings
Santander
Noodles & Company
Five Guys
Mcalister's Deli
  • Listing ID: 39768589

  • Date on Market: 3/13/2026

  • Last Updated:

  • Address: 111 W Beaver Ave, State College, PA 16801

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