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Executive Summary

There are many options for the investor, owner/occupant, or tenant in this Class-A office at 476 Rolling Ridge Dr, State College, which is approximately 46,000 square feet and located along the busy South Atherton corridor between State College and Boalsburg by choosing to:
• Lease space between 3,178 – 14,560 sf.
• Purchase a vacant condo to occupy at 14,560 sf.
• Buy an occupied condo as an investment at 14,560 sf.
• Acquire the entire 46,000-sf building.
Medical uses occupy the majority of the building, but it can also accommodate any type of professional office user that is looking to open or expand in the Centre Region. The site has beautiful views of Mount Nittany, neighboring rolling hills, and the office park. Each office has a scenery of lush greens outside the large windows. The high-end finishes are seen in the immaculate curb appeal as you enter from South Atherton or Rolling Ridge Drive with a mixture of brick, stone, split rock, and EIFS exterior along with a metal roof. The landscaping is professionally maintained and creates a park-like setting, which is also experienced in the courtyard accessed on the first floor. The high-end finishes continue in the common areas with automatic glass doors, tray ceilings, can lighting, including granite & ceramic tiles. The 3.82-acre lot is zoned residential office in College Township. Contact us to discuss this spectacular office building.

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
58,112 SF
Building Class
A
Year Built
2010
Price
$12,500,000
Price Per SF
$215.10
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
19,370 SF
Slab To Slab
15’
Building FAR
0.35
Lot Size
3.82 AC
Zoning
RO - Residential Office
Parking
50 Spaces (0.86 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 3,178 SF Space
  • 3,178 SF
  • Office
  • Full Build-Out
  • Now

The 1st floor, 3,179 sf space was previously an MRI center and could easily be operational again with equipment reinstallation. With the space’s electrical capabilities, it would be a perfect fit for an IT company, medical user, or other heavy electric user. Otherwise, the space could be retrofitted to a professional office with a waiting room, multiple offices, and a conference room. There are private restrooms in the space. Tenant pays all operating expenses.

  • 2nd Fl-Ste Condo
  • 4,000-15,391 SF
  • Office/Medical
  • Full Build-Out
  • Now

A second-floor office condo, with at-grade access, is for sale or lease. The condo is 15,391 SF with a total of +/-14,560 USF. The space was previously a large, medical office containing 41 individual rooms used as exam rooms or practitioner offices, a large waiting room, both large and small reception areas, a radiological room, 3 nursing stations, 2 treatment rooms, a spacious practitioner work area, staff break room, a consultation room, patient and staff restrooms, and a grand conference room with beautiful views of the mountains. A portion of the office can be divided to as small as 3500 – 7000 sf to accommodate a smaller medical or professional user. The condo is perfect for an owner-occupant or an investor looking to expand their portfolio.

  • 3rd Fl-Ste Condo
  • 15,391 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Build-Out Available
1st Fl-Ste 3,178 SF Space 3,178 SF Office Full Build-Out Now
2nd Fl-Ste Condo 4,000-15,391 SF Office/Medical Full Build-Out Now
3rd Fl-Ste Condo 15,391 SF Office Full Build-Out Now

1st Fl-Ste 3,178 SF Space

Size
3,178 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste Condo

Size
4,000-15,391 SF
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste Condo

Size
15,391 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 3,178 SF Space

Size 3,178 SF
Space Use Office
Build-Out Full Build-Out
Available Now

The 1st floor, 3,179 sf space was previously an MRI center and could easily be operational again with equipment reinstallation. With the space’s electrical capabilities, it would be a perfect fit for an IT company, medical user, or other heavy electric user. Otherwise, the space could be retrofitted to a professional office with a waiting room, multiple offices, and a conference room. There are private restrooms in the space. Tenant pays all operating expenses.

2nd Fl-Ste Condo

Size 4,000-15,391 SF
Space Use Office/Medical
Build-Out Full Build-Out
Available Now

A second-floor office condo, with at-grade access, is for sale or lease. The condo is 15,391 SF with a total of +/-14,560 USF. The space was previously a large, medical office containing 41 individual rooms used as exam rooms or practitioner offices, a large waiting room, both large and small reception areas, a radiological room, 3 nursing stations, 2 treatment rooms, a spacious practitioner work area, staff break room, a consultation room, patient and staff restrooms, and a grand conference room with beautiful views of the mountains. A portion of the office can be divided to as small as 3500 – 7000 sf to accommodate a smaller medical or professional user. The condo is perfect for an owner-occupant or an investor looking to expand their portfolio.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
19-605-032-0000
Land Assessment
$191,000 (2025)
Improvements Assessment
$1,104,000 (2025)
Total Assessment
$1,295,000 (2025)
  • Listing ID: 32743762

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 476 Rolling Ridge Dr, State College, PA 16801

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