• COLLEGE BELLEFONTE, PA 16823

  • Single Family Home / Owner Financing
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  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
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  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
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Property Details for COLLEGE St, BELLEFONTE, PA 16823

Features

Facts

Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

Prime Commercial Opportunity on 10.48 Acres with Fully Rented Duplex and Two Outbuildings. Discover a unique investment opportunity with 511 feet of highly visible College Avenue frontage, just outside the charming town of Pleasant Gap along Route 26/W College Ave. This 10.48-acre property is zoned commercial and boasts a fully rented duplex, two versatile outbuildings, and recent subdivision approval by Henry Surveys, with property taxes to be adjusted accordingly. Unit 1: Located on the first floor, featuring 2 bedrooms and 1 full bath, currently leased at $350/month. Unit 2: Located on the second floor, also with 2 bedrooms and 1 full bath, leased at $400/month. Tenants are responsible for lawn care and snow removal, with natural gas heat covered by the first-floor tenant. While there are no formal leases in place, both tenants have an agreement to sign a lease or vacate within 4 months of the propertys sale, offering flexibility to the new owner. Situated near established businesses such as Sunbelt Rentals, Encompass Health, and the PennDOT Driver License Center, this location provides excellent commercial potential. All mineral rights convey with the sale. The property is currently enrolled in Clean & Green, buyer will be responsible for re-enrollment. Public sewer is available with SBWJA at buyers expense. Seller is willing to owner finance for up to 5 years with a non-refundable deposit. This is an outstanding opportunity for commercial development or investment in a growing area. Dont miss the chance to capitalize on this rare find.

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Property Brokerage: RE/MAX Centre Realty 1375 Martin STREET 100 State College PA 16803
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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