301 SCIENCE PARK RD
STATE COLLEGE, PA 16803
PRICE: $13,000,000
Active | MLS# pace2517258
15.77 Acres
$110350 Taxes
The Details
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 Overview
| School District | |
| County | CENTRE |
| Municipality | FERGUSON TWP |
| Heat | Heat Pump(s) |
| A/C | Heat Pump(s) |
| Fuel | Electric |
| Sewer | Private Sewer |
| Total Taxes | $110350 |
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*All fees are for estimate purposes only.
Directions: From West College Avenue, turn onto Science Park Road. Buildings will be on your right (after you go through the stop light).
| Sq. Footages | |
|---|---|
| Above Grade Finished Sq. Ft. | |
| Above Grade Unfinished Sq. Ft. | |
| Below Grade Finished Sq. Ft. | |
| Below Grade Unfinished Sq. Ft. | |
| Total Finished Sq. Ft. |
| Rooms | Main | Upper | Lower | Bsmt. |
|---|
| Association Fee $ |
| Cap Fee $ |
| Zoning IRD WITH CORRIDOR OVERLAY |
| Possession Negotiable |
| Assessed Value |
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