160 W Clearview Ave
Commercial Building For Sale
Marketing description
Positioned in a highly desirable infill location, 130 W Clearview offers a 2.5-acre redevelopment opportunity in the heart of State College. This well-located parcel is ideally suited for a new multifamily community, with new zoning in place to support residential density in one of Central Pennsylvania’s strongest rental markets. Surrounded by established neighborhoods and just minutes from Pennsylvania State University, the property benefits from consistent housing demand driven by student, faculty, and workforce populations. The site provides convenient access to major retail corridors, employment centers, and regional transportation routes, enhancing its appeal for both developers and future residents. With its multi-family zoning, strong demographics, and proximity to core amenities, 130 W Clearview presents a rare opportunity to deliver a thoughtfully designed multifamily project in a supply-constrained market.
Investment highlights
• Prime location for residential development, which is approved for 31 units
• Desirable in-town location within an established residential and commercial corridor
• Level parcel with utilities in place
• Minutes from N Atherton Street, Penn State University, and I-99
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