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$4,360,000
12,616
square ft

500 & 506 W College Avenue
STATE COLLEGE, Pennsylvania 16801

Closed / MLS #PACE2516026 / Commercial / Mixed Use / STATE COLLEGE
Listing information updated 10/15/2025 at 8:21am
If location matters and income matters, this listing is for you! Three brick buildings on three adjoining parcels offer 15 rental units in walking distance to PSU campus. Rarely do these opportunities go public. Each building has 5 units with a total of 31 bedrooms and 15 baths. Always rented with rare vacancies. Buildings are in good condition with diversity of floor plans in each unit. Strong income and Net Operating Income. Contact listing agent for NDA, APOD and NOI. 48-72 hrs. advance notice needed for all showings. Third building address: 110 S Barnard Street. Currently zoned Urban Residential. Ask for zoning map for potential zoning improvements.
Lot Size:
14374.80 Square Feet
Acreage:
0.33
Built:
1907
Cooling System:
None
Roof:
Shingle
Business Use:
Apartment Building
Zoning:
UV
Building Square Feet:
12,616
Tax Amount:
$18,591
Tax Year:
2025
Zip Code:
16801
City:
State College
County:
Centre

Listing Office: Kissinger, Bigatel & Brower

Listing Office Phone: 814.234.4000

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500 & 506 W College Avenue, State College, PA 16801 is a commercial / mixed use which sold for $4,360,000. This commercial / mixed use has been listed on RLAH @properties since August 22nd, 2025 and was built in 1907.