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116 S Penn St 2,000 SF 100% Leased Retail Building Bellefonte, PA 16823 $453,674 CAD ($226.84 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • On-site property management
  • Air conditioning and signage
  • Storage space
  • Corner lot with dual frontage (E Cherry Ln & S Penn St)

EXECUTIVE SUMMARY

Prime investment opportunity in the heart of Bellefonte, PA. This fully leased retail property is located on a corner lot with excellent visibility and easy access, the building combines historic charm with modern functionality. Ideal for investors seeking a turnkey asset in a vibrant commercial district.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,000 SF
Building Class
C
Year Built
1934
Price
$453,674 CAD
Price Per SF
$226.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
C - zoning generally refers to commercial zoning, which allows for various business activities such as retail stores, offices, and services
Parking
19 Spaces (9.5 Spaces per 1,000 SF Leased)
Frontage
65’ on E Cherry Ln

AMENITIES

  • Bus Line
  • Corner Lot
  • Property Manager on Site
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning
Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Ymca
Rent-A-Center
Grand Rental Station

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-201-010-0000
Land Assessment
$4,649 CAD
Improvements Assessment
$43,946 CAD
Total Assessment
$48,595 CAD
  • Listing ID: 36786724

  • Date on Market: 2025-07-17

  • Last Updated:

  • Address: 116 S Penn St, Bellefonte, PA 16823

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