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116 S Penn St 2,000 SF 100% Leased Retail Building Bellefonte, PA 16823 $325,000 ($162.50/SF)
INVESTMENT HIGHLIGHTS
- On-site property management
- Air conditioning and signage
- Storage space
- Corner lot with dual frontage (E Cherry Ln & S Penn St)
EXECUTIVE SUMMARY
Prime investment opportunity in the heart of Bellefonte, PA. This fully leased retail property is located on a corner lot with excellent visibility and easy access, the building combines historic charm with modern functionality. Ideal for investors seeking a turnkey asset in a vibrant commercial district.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,000 SF
Building Class
C
Year Built
1934
Price
$325,000
Price Per SF
$162.50
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
C - zoning generally refers to commercial zoning, which allows for various business activities such as retail stores, offices, and services
Parking
19 Spaces (9.5 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Property Manager on Site
- Restaurant
- Signage
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 32-201-010-0000 | Improvements Assessment | $31,145 |
| Land Assessment | $3,295 | Total Assessment | $34,440 |
PROPERTY TAXES
Parcel Number
32-201-010-0000
Land Assessment
$3,295
Improvements Assessment
$31,145
Total Assessment
$34,440
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116 S Penn St
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