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33691438
33691435

117 Olde Farm Office Road, Duncansville, PA 16635

AC
PA RM421782
Perry Wellington Realty
Listed by Perry Wellington Realty
$1,925,000
1 day on market
Updated 1 day ago

Olde Farm Office Centre & Carriage House

Details
APN 04.00-01..-024.01-000
Property Type Office
Sub Type Traditional Office, Executive Office (+1)
Square Footage 17,855
Net Rentable (SqFt) 13,286
Units 60
Cap Rate 9.20%
Occupancy 100%
Tenancy Multi
Brand/Tenant P. Joseph Lehman, Inc.
Lease Type Gross
Class B
Year Built 1790
Year Renovated 1989
Buildings 2
Stories 3
Acreage 1.700
Zoning None
Parking Spaces 60 spaces
Parking Per SqFt 3.36
Investment Type Stabilized
Tenant Credit No Credit Rating
Ownership OLDE FARM LIMITED PARTNERSHIP
Sale Condition 1031 exchange

Fully Occupied Historic Office Campus | 17,855 SF | 1.7 Acres | Route 22 Corridor | Duncansville, PA

Marketing description

Olde Farm Office Centre presents a rare opportunity to acquire one of Central Pennsylvania's most distinctive investment properties. Located along the Route 22 corridor in Duncansville, Pennsylvania, this fully occupied office campus consists of approximately 17,855 square feet across two buildings situated on 1.7 acres.

Originally established in the late 18th century and thoughtfully expanded in 1989, Olde Farm seamlessly blends historic architectural character with modern office functionality. The campus is anchored by a 15,785-square-foot main building and complemented by a separate 2,070-square-foot carriage house, creating a unique professional environment that is difficult to replicate in today's market.

The property features more than 40 private offices, conference rooms, reception areas, break spaces, and multiple restrooms, providing flexibility for a diverse range of professional tenants. Mature landscaping, abundant parking for approximately 60 vehicles, and exceptional curb appeal contribute to the property's long-standing reputation as one of Blair County's premier office campuses.

Strategically positioned less than one-quarter mile from Plank Road (Old Route 220) and minutes from Interstate 99, the property offers outstanding accessibility to Altoona, Hollidaysburg, and the surrounding Central Pennsylvania market. The campus benefits from a stable tenant base, strong occupancy history, and a location within one of the region's most established commercial corridors.

Whether viewed as a stabilized investment, a long-term hold, or a future owner-user opportunity, Olde Farm Office Centre offers an exceptional combination of historic significance, functional office space, established tenancy, and irreplaceable character. Opportunities to acquire a fully occupied office campus of this scale and quality are exceptionally rare in the Central Pennsylvania market.

Investment highlights

  • Fully Occupied Multi-Tenant Office Investment
  • 17,855± SF Office Campus Across Two Buildings
  • 1.70± Acre Site Along the Route 22 Commercial Corridor
  • Historic Main Building Dating to Circa 1790 with 1989 Expansion
  • Separate 2,070 SF Carriage House Office Building
  • Approximately 60 On-Site Parking Spaces
  • Diverse Professional Tenant Base
  • Long-Term Occupancy History with Established Tenants
  • Flexible Floor Plans Featuring 40+ Offices, Conference Rooms, and Common Areas
  • Public Water, Public Sewer, Natural Gas, and Central Air
  • Minutes from Route 220, I-99, Altoona, and Hollidaysburg
  • No Zoning Restrictions in Blair Township
  • Excellent Visibility and Accessibility in a High-Traffic Commercial Corridor
  • Stable In-Place Income with Future Upside Potential
  • Unique Landmark Property with Strong Owner-User and Investment Appeal

Listing Contacts

AC
PA RM421782
Perry Wellington Realty
Listed by Perry Wellington Realty

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