Ryanandlinda 2024
Linda & Ryan Lowe | RE/MAX Centre Realty | 814-231-8200 Ex. 305/352

1368 S ATHERTON ST

STATE COLLEGE, PA 16801

PRICE: $152,000

Active | MLS# pace2517234

The Details

For Sale: Commercial Office Condo – Prime Location in the Southwood Office Centre! Looking for the perfect investment property? The property is currently leased. Currently leased through December 2027. Easily accessible off South Atherton Street, providing high visibility and convenience for clients and employees alike. The tenant is responsible for all condo expenses, including utilities, real estate taxes, insurance, and monthly condo association fees, making this a true NNN-style investment with minimal landlord obligations. The lease also provides one remaining two-year renewal option, extending upside and stability for the next owner. Investment Highlights: In-place lease through December 2027 Current rent: $1,255.54/month Tenant pays all expenses: utilities, taxes, insurance, and condo fees One (1) two-year renewal option remaining Great Year 1 cash-on-cash return Low-maintenance, passive investment


Property Overview


School District
CountyCENTRE
MunicipalitySTATE COLLEGE BORO
HeatOther
A/CCentral A/C
FuelElectric
SewerPublic Sewer
Total Taxes$2907

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*All fees are for estimate purposes only.

Satellite View

Directions: From South Atherton St. turn onto Norma Street. Entrance to office condo parking lot on the right.

Sq. Footages
Above Grade Finished Sq. Ft.
Above Grade Unfinished Sq. Ft.
Below Grade Finished Sq. Ft.
Below Grade Unfinished Sq. Ft.
Total Finished Sq. Ft.
RoomsMainUpperLowerBsmt.
Association Fee $
Cap Fee $
Zoning PLANNED COMMERCIAL 2 (CP2
Property Code 0
Possession Negotiable,Other
Assessed Value