Rent 116 East College Avenue: Premium Commercial Space

116 East College Avenue, State College, PA, USA
Office and Retail
2 Baths
3384 SqFt

PREMIUM STOREFRONT FOR RENT

116 East College Avenue, State College, PA

State College Borough, Centre County

Retail Storefront Description:

Rent retail space at 116 East College Avenue in State College, PA!  This premium retail storefront is in the Fromm Building right at the center of Downtown State College.  116 East College Avenue was recently outfitted by BB&T Bank and is in excellent condition.  As a bonus, the Calder Alley level entrance has recently finished offices and a break room.  The location has unparalleled foot traffic on the 100-block of College Avenue.  It is directly across from the Cata bus hub and Old Main.

 

 

Address 116 East College Avenue, State College PA
Property Tax Code 36-12-23
Rent $6,400 /month
Leased Area 3,384 square feet total

2,119 square feet at College Avenue level, plus 1,265 square feet at Calder Alley level (stairs connecting).

Annualized $22.70 per square foot total
Zoning Commercial
Utilities Public water, public sewer, metered electric, natural gas
Topography Level to College Avenue in front, and accessed by Calder Alley at rear
Streets Paved sidewalk, concrete curb, metered parking
Recent Use BB&T Bank
Parking Parking for two vehicles at Calder Alley
Available First floor street-front retail space
Lease Terms 10-year net lease with CPI adjustment
Features Two restrooms, one on each level
Employee lounge on Calder Alley level
Gas heating system and central air conditioning
Calder Alley entrance at rear
Tenant Utilities The tenant pays separate metered gas and electric utilities
Tenant pays municipal refuse
Tenant pays property taxes and building insurance percentages
The tenant must obtain use permit
Tenant provides snow removal of city sidewalks and entrances
Landlord Utilities Cold water and sewer included

 

Utilities:

  • The tenant is responsible for gas, electric, and trash service.
  • The tenant will pay a building percentage of the taxes and insurance.
  • In addition, the tenant provides snow removal from the front sidewalk.
  • Plus the tenant will need to obtain a use permit from the State College Borough.
  • However, the landlord will provide cold water and sewer.
  • No additional common area maintenance required by tenant.

 

 

 

 

Property details:

Property ID: HI-08448
Property Type: Office and Retail
Property Status: Now Renting!
Bathrooms: 2
Area Size: 3384 SqFt
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Floor plans:

  • Size:3,384SqFt
  • Price:$6,400 monthly
  • Baths:.5
  • Rooms:0
Floor plan of the retail space for rent at 116 East College Avenue in downtown State College, PA
116 East College Avenue Floor Plan

Property address:

Supermarket
Restaurant
School
Park
116 East College Avenue, State College, PA, USA
walkscore 95/100
95
Walk Score
Walker's Paradise
65
Transit Score
Good Transit
85
Bike Score
Very Bikeable