MLS#PACE2517258
STATUSACTIVE
PROPERTY TYPECommercial - Office
SCHOOLSTATE COLLEGE AREA
Property Description
This exceptional commercial property, was originally built by HRB in the late 1950's and early 1960's. This complex 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.
Property Features
Property Type: Commercial - Office
Cooling: Heat Pump(s)
Fuel Type: Electric
Heating: Heat Pump(s)
Lot Size: 15.77 Acres
Taxes: $110,350
Year Built: 1959
Feature Descriptions
Accessibility: Mobility Improvements
Exterior: Brick, Concrete
Flooring: Carpet, Ceramic Tile
Location: Business District
Lot Dimensions: 15.77 Acre(S)
Municipality: FERGUSON TWP
Parking Notes: Handicap Parking, Paved Parking
Sewer: Private Sewer
Special View Info: Mountain
Total Garage/Parking Spaces: 315
Water: Public
Local Schools
High School: STATE COLLEGE AREA
School District: STATE COLLEGE AREA
Listed By / Shown By
Listed By
Agency Name: Continental Real Estate Management
Agency Phone: 8142381598
Shown By
Agent Name: The Chrissie Barrick Team
Agent Phone: (717) 451-3850
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
301 Science Park Road | MLS# PACE2517258
This commercial property located at 301 Science Park Road, State College, PA 16803 is currently listed for sale with an asking price of $13,000,000. Science Park Road is located within the STATE COLLEGE AREA school district. Search State College real estate on www.thechrissiebarrickteam.com today.