301 Science Park Road
Large State College, PA Office Building for Sale with excess 4+Acres for future development
Marketing description
This exceptional commercial property, comprises four interconnected buildings, designed by Hajjar Architecture and sits on two parcels totaling 15.77+/- acres, providing ample parking for employees and visitors. The acreage includes over 4 acres of land for future development, that includes an already in-place Easement Agreement that permits the construction of a paved road to tie in the existing parking lot at 301 Science Park Road, to the traffic light at 225 Science Park Rd.
The current owners undertook extensive renovations beginning in 2010, stripping the interior down to it's concrete, brick, and steel structural elements. The comprehensive rebuild incorporated modern building standards throughout, including new insulation, windows, electrical systems, HVAC, and select façade updates. Recent capital improvements include a newly installed fire alarm system, two replacement elevators, upgraded rubber roofing, and parking lot resurfacing.
With fourteen established tenants, this investment property offers built-in diversification to help ensure income stability during vacancy periods.
Investment highlights
See the marketing deck for rent roll and operating information.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
