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22670668
33640717

112 W Foster Ave, State College, PA 16801

DF
PA RS329103, PA
Continental Real Estate Management, INC.
GR
PARB051373C
Continental Real Estate Companies
Listed by Continental Real Estate Management, INC., Continental Real Estate Companies
$1,700,000
787 days on market
Updated 10 days ago
Opportunity zone

112 W Foster Ave

Details
APN 36-013-,293-,0112C
Property Type Mixed Use, Multifamily (+2)
Sub Type Apartment Building, Bar (+3)
Square Footage 8,800
Units 2
Tenancy Vacant
Price per SqFt $250
Broker Co-Op Yes
Class A
Year Built 1967
Year Renovated 2008
Acreage 0.210
Zoning CO
Parking Spaces 14 spaces
Parking Per SqFt 1.59

Residential Re-Development Possibilities in Downtown State College

Marketing description

An unique redevelopment and/or commercial opportunity in the heart of downtown State College. This expansive two‑story commercial condominium offers exceptional flexibility for investors, developers, and visionaries looking to capitalize on the Borough’s evolving zoning landscape. This property has many options currently, but with State College actively exploring zoning updates that may support increased density, mixed‑use development, and expanded residential or commercial uses, this property is uniquely positioned for future transformation with the first floor being perfect for the building amenities. Each floor provides approximately 4,400 sq/ft of highly adaptable space. The first floor features an open, well‑maintained layout ideal for immediate occupancy or reconfiguration. The second floor, currently arranged with traditional offices, can be fully opened to create a second large floor plate—perfect for redevelopment into modern residential units, boutique hospitality concepts, collaborative workspace, or other mixed‑use possibilities. The property includes ADA‑compliant restrooms, direct elevator access, and 14 private parking spaces—an exceptional amenity in the downtown core. Its location places it steps from parks, restaurants, retail, and the energy of Penn State University, ensuring strong demand for nearly any future use. Whether you’re envisioning adaptive reuse, vertical expansion (subject to zoning approvals), or a complete redevelopment aligned with the Borough’s potential zoning changes, this property offers a strategic foothold in one of Pennsylvania’s most dynamic markets.

Investment highlights

  • Downtown State College

  • 2-story Condo with Many Possibilities

  • Includes 14 parking spaces

  • Currently vacant, so also available for owner occupancy.

Listing Contacts

DF
PA RS329103, PA
Continental Real Estate Management, INC.
GR
PARB051373C
Continental Real Estate Companies
Listed by Continental Real Estate Management, INC., Continental Real Estate Companies

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Zoning

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CID CommercialSpecial CommercialCommercial Incentive District
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View all 21 uses
View all 21 uses
Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Dave Fonash
License
RS329103
Brokerage
Continental Real Estate Management, Inc.
Title
Real Estate Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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