403 S Allen St

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403 S Allen St

403 S Allen St, State College, PA 16801

For Sale

2,696 SF

403 S Allen St

403 S Allen St, State College, PA 16801

For Sale

± 0 SF

Property Details

Building Size:

2,696 SF

Property Type:

Office

Price:

$575,000

Vacant Space:

2,696 SF

Property Features

Property Highlights

Spacious 2nd floor office condo
Perfect for both an owner occupant or investor
Works for medical or typical office uses
Can be demised to accommodate up to 3 tenants
Copious amounts of natural light with floor to ceiling windows
Has a waiting room, reception area, 8-private offices, 2 large workrooms, staff lounge, and private restroom
Plenty of parking with 5 private spaces and a large public lot for your guests
Offers a rooftop courtyard, 24-hour security, professionally managed site
Walking distance to restaurants, shops, and so much more
Located only 3 blocks from Penn State University

Project Description

A spacious, 2nd floor, office condo of 2696 sf is for sale in downtown State College with many amenities. The office could make a perfect space for an owner-occupant, or it could be a great addition to your investment portfolio. The space is currently occupied by a dental tenant, who’s lease expires in 3/31/23.

The interior illuminates with natural light with banks of floor to ceiling windows on all the exterior walls. There are 8 individual offices with 7 of them having sinks. The office has everything you need with a waiting room, reception area, a shared office, large staff lounge, individual restroom, and 2 large conference rooms or workrooms.

For the owner-occupant, the property is perfect for a dental or medical user, but it can easily be retrofitted to accommodate a typical office user. For the investor, the space could easily be demised to accommodate up to 3 tenants as it has 3 egresses. There are many different possibilities with this unique space.

The condo is part of the well-known Tower’s Building, which is a mixed-use property, and boasts many amenities for the users. Included with the condo are 5 private, parking spaces and a large public lot for your guests. There is a rooftop courtyard to enjoy lunch or for an informal meeting. The Tower’s also provides a 24-hour, concierge/security service.

Contact us to schedule a showing to see all the possibilities with this downtown condo.

Location Description:

The property is in the State College borough only 3 blocks from Old Main’s Lawn at Penn State University. It’s a walker’s delight with restaurants, shops, the library, the post office, and parks close by the office. The on-site, private parking and public lot makes for easy access for your staff and customers, which is rare for any downtown office building.