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403 S Allen St
State College, PA 16801
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • • Spacious, 2nd floor office condo
  • • Works for medical or typical office uses
  • • Copious amounts of natural light with floor to ceiling windows
  • • Perfect for both an owner occupant or investor
  • • Can be demised to accommodate up to 3 tenants
  • • Has a waiting room, reception area, 8-private offices, 2 large workrooms, staff lounge, and private restroom

EXECUTIVE SUMMARY

A spacious, 2nd floor, office condo of 2696 sf is for sale in downtown State College with many amenities. The office could make a perfect space for an owner-occupant, or it could be a great addition to your investment portfolio. The space is currently occupied by a dental tenant, who’s lease expires in 3/31/23. The interior illuminates with natural light with banks of floor to ceiling windows on all the exterior walls. There are 8 individual offices with 7 of them having sinks. The office has everything you need with a waiting room, reception area, a shared office, large staff lounge, individual restroom, and 2 large conference rooms or workrooms. For the owner-occupant, the property is perfect for a dental or medical user, but it can easily be retrofitted to accommodate a typical office user. For the investor, the space could easily be demised to accommodate up to 3 tenants as it has 3 egresses. There are many different possibilities with this unique space. The condo is part of the well-known Tower’s Building, which is a mixed-use property, and boasts many amenities for the users. Included with the condo are 5 private, parking spaces and a large public lot for your guests. There is a rooftop courtyard to enjoy lunch or for an informal meeting. The Tower’s also provides a 24-hour, concierge/security service. Contact us to schedule a showing to see all the possibilities with this downtown condo.

PROPERTY FACTS

Property Type Office
Property Subtype Medical
Building Class B
Lot Size 0.04 AC
Rentable Building Area 173,250 SF
No. Stories 7
Year Built 1985
Parking Ratio 0.23/1,000 SF
APN / Parcel ID
36-013-315-C101
  • 36-013-315-C112
  • 36-013-315-C112B
  • 36-013-315-C209A
  • 36-013-315-C210
Zoning ROA - Residential Office A

AMENITIES

  • Bus Line
  • Controlled Access
  • Fitness Center
  • Signage
  • Bicycle Storage
  • Natural Light
  • Secure Storage
  • Outdoor Seating
  • Air Conditioning
  • Listing ID: 27005994

  • Date on Market: 10/31/2022

  • Last Updated:

  • Address: 403 S Allen St, State College, PA 16801

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