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

129 MEDICAL PARK LN

BELLEFONTE, PA 16823

PRICE: $2,400,000

Active | MLS# pace2519278

The Details

This two-building commercial portfolio at 129 & 141 Medical Park Lane offers a compelling investment opportunity with immediate cash flow and long-term upside, featuring approximately 12,384 SF across 6.09± acres in a highly accessible, strategically located Bellefonte corridor. The property is currently leased to a medical tenant, generating stable income through December 31, 2027, allowing a buyer to benefit from in-place cash flow while evaluating future development potential. Following the lease term, a deed restriction will prohibit medical users, giving a new owner flexibility to reposition the asset and explore alternative uses or redevelopment to enhance long-term value. This offering is attractive to investors, end users and developers.


Property Overview


School District
CountyCENTRE
MunicipalityBELLEFONTE BORO
HeatCentral
A/CCentral A/C
FuelNatural Gas
SewerPublic Sewer
Total Taxes$41300

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*All fees are for estimate purposes only.

Satellite View

Directions: Route 99 to Zion Rd (West), properties on 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 CO
Possession Negotiable
Assessed Value