Foreclosure
Address
112 W Foster Avenue, State College, PA
Price
$ 2,200,000
Property Attributes
- MLS#PACE2509936
- TypeCommercial
- CountyCENTRE
- CityState College
- AreaState College Boro
- Zip16801
- StyleMedical,Institutional,/General Retail,Professional
- Year Built1967
- Taxes$ 22011
- Price$ 2,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8800
Data Source:
Bright MLS
Property Description
A one of a kind offering in the heart of downtown State College providing an array of business opportunities. This two story condo features 4400 sq/ft per floor. The first floor hosts an open floor plan that is expansive and in excellent condition. The second floor presents even more possibilities and is also in excellent condition. Currently laid out with traditional offices, all partitioned walls could be removed to create a second open floor plan OR convert the upper floor to residential units for added investment income. Utilize this offering for hospitality, retail, offices, child care, and health services. ADA bathrooms, direct elevator access, plus 14 private parking spaces are included. This diverse space has multiple possibilities making the property very attractive. Located steps from parks, shopping, restaurants, and all things State College.
| Price History | |
|---|---|
| 4/26/2024 | Listed $2,200,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Utilities | Electric Available,Natural Gas Available |
| Possession | Negotiable |
| Roof | Rubber |
| Zoning | CO |
| Construction Materials | Block,Brick |
| Year Built | 1967 |
| Property SubType | Mixed Use |
| Tax Year | 2022 |
| Percent Ownership | Condominium |
| Cool Fuel | Natural Gas |
| Business Type | Medical,Institutional,Other/General Retail,Professional,Restaurant/Bar,Apartment Building,Day Care Facility,Supermarket/Grocery Store |
| Accessibility | Elevator,Level Entry - Main |
| County | CENTRE |
| Insurance Expense | 4800.00 |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | NONE AVAILABLE |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Allen Street heading South,Right onto W. Foster. Property is on your left. |
| ModificationTimestamp | 2024-04-29T08:19:08 |
| City | STATE COLLEGE |
| Buyer Agent Compensation | 2.25 |
| Total Units | 2 |
| MLS Area | State College Boro (16436) |
| Tax Assessed Value | 298445.0 |
| Waterfront Y/N | No |
| Street Name | FOSTER |
| Tax Annual Amount | 22011.0 |
| Electric Expense | 4800.00 |
| Fuel Expense | 5155.00 |
| Property Condition | Excellent |
| Trash Expense | 628.00 |
| Price Per Sq Ft | 250.0 |
| Acceptable Financing | Cash,Conventional |
| Association Fee | 549.00 |
| Lease Considered Y/N | Yes |
| Vacation Rental Y/N | No |
| Days on Market | 5 |
| Location Type | Downtown |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas,Electric |
|---|---|
| Flooring | Carpet,Ceramic Tile |
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
| Total Restrooms | 4 |
| Number of Elevators | 1 |
Exterior Features
| Parking Features | Paved Parking,Lighted Parking |
|---|---|
| Water Source | Public |
| Inclusions | 14 On Site Parking Spaces,ADA Accessible Elevator |
| Total Parking Spaces | 14 |
| Type of Parking | On Street,Private Garage |
| Water View Y/N | No |
| Building Area Total | 8800.00 |
| Lot Dimensions | 0.00 x 0.00 |
| Road Surface Type | Paved |
| Road Responsibility | Boro/Township,City/County |
| Land Assessed Value | 64185.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 14 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 16801
Price
Taxes
Visits
Year Built
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