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Executive Summary

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 approvals 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. Since we had it rezoned, I would focus more on the pictures for redevelopment and not the building as the best use if a multi-family redevelopment.

Property Facts

Sale Type Owner User
Property Type Specialty
Property Subtype Movie/Radio/TV Studio
Building Class C
Lot Size 2.50 AC
Building Size 4,163 SF
No. Stories 1
Year Built 1985
Tenancy Single
Parking Ratio 4.8/1,000 SF
Zoning R2
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
18-013-109-0000
Land Assessment
$173,823 CAD
Improvements Assessment
$115,627 CAD
Total Assessment
$289,449 CAD
  • Listing ID: 39969635

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 160 W Clearview Ave, State College, PA 16803

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