10.5 Acres of Improved Mixed-Use Land for Sale in Bellefonte, Pennsylvania
720 W College Ave, Bellefonte, PA 16823
10.48 Acres Zoned Commercial with a fully rented duplex & two outbuildings included. Situated outside the quaint town of Pleasant Gap along Route 26/W College Ave. Located near established businesses which include Sunbelt Rentals, Encompass Health & the PennDOT Driver License Center. Recent subdivision completed by Henry Surveys is approved & recorded, property taxes will be adjusted accordingly. Unit #1 on the first floor - 2 bedrooms, 1 full bath is leased at $350/month, Unit #2 on the 2nd floor - 2 bedrooms, 1 full bath is leased at $400/month. Tenants are responsible for lawn care & snow removal, natural gas heat is paid by the 1st floor tenant. Neither tenant has a written lease however they have the following agreement with the current owner that the buyer/new owner agrees to allow the tenants to have up to 4 months after closing to either sign a lease with the new owner or vacate the property. All Mineral Rights Convey. Property is currently enrolled in Clean & Green, buyer will be responsible for re-enrollment.
Property details
- County
- Centre County
- Community
- Benner TWP
- Elevation
- 965 feet
- MLS Number
- TREND PACE2305234
- Date Listed
Parcels
- 12-005-,034E,0000-
Detailed attributes
Listing
- Type
- Commercial
- Franchise
- RE/MAX International
Structure
- Materials
- Vinyl Siding
- Heating
- Forced Air
Exterior
- Parking Spots
- 5
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 16, 2023 | Price decrease | $850,000 | $100,000 -10.5% | TREND |
May 24, 2023 | New listing | $950,000 | — | TREND |