1905 Waddle Rd, State College, PA 16803 For Lease

+/- 7000 SF Stand-Alone Restaurant with +/-300 SF of Patio Seating

Near I-99 in State College, PA situated next to a Holiday Inn Express, Springhill Suites by Marriott, and Hampton by Hilton.

This ±7,000 SF stand-alone restaurant offers a rare opportunity in a highly accessible location. The property features an inviting ±300 SF outdoor patio for additional dining and guest enjoyment. With 125 dedicated parking spaces, including 4 handicap-accessible spaces, the site provides exceptional convenience for patrons.

Operational efficiency is supported by two designated loading and unloading zones, ensuring smooth supply and service logistics. Additionally, a liquor license is available through a joint venture with the Holiday Inn Hotel, creating an excellent value-add for restaurant operators seeking to maximize revenue potential.

This property presents a turnkey opportunity for restaurateurs or investors looking for a high-capacity, well-positioned dining establishment with both indoor and outdoor seating options.

*Liquor license is available via Joint Venture with Holiday Inn Hotel

State College, Pennsylvania, began as a small village in 1855, developing into a dynamic town to meet the needs of what was then the Farmer’s High School of Pennsylvania—today known as Pennsylvania State University. The community has grown and flourished around the University, embodying the vibrant character of a classic college town. The presence of Penn State fosters year-round cultural, entertainment, and sporting events that draw consistent local and regional activity.

Strategically located in the center of Pennsylvania, State College is just 140 miles (2.5 hours) east of Pittsburgh and 193 miles (3.5 hours) north of Philadelphia, offering convenient access to major metropolitan markets. The town continues to grow steadily, with population increasing 2.9% since 2000, reflecting its ongoing appeal for both residents and businesses.

Travel is made simple with University Park Airport, just 6.3 miles away, providing flights through American Airlines and United Airlines. The market also benefits from strong regional connectivity, with direct interstate access to I-99 (29,000 VPD).

In addition, the redevelopment of the Toftrees Resort—scheduled to open in 2025—further enhances the area’s appeal, anchored by “The Field,” a successful liquor-licensed restaurant already operating on-site.