300 S Burrowes Street State College, PA $ 779,000
300 S Burrowes Street
$ 779,000
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300 S Burrowes Street

State College, PA, 16801
$ 779,000
Bedrooms-- Baths-- Sq 2,237

Monthly Estimate*

$ 4,796

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Commercial Property for sale in State College, PA

for $779,000. This 2,237 square foot building was built in 1925 on a lot size of 0.18.

Dont miss your chance to own this rare find in the heart of State College Borough. This beautifully maintained building offers three finished floors plus a finished basement, all brimming with original charm and character. Perfectly suited for a variety of uses. Start or expand your business, explore its potential as a student rental, or convert it back into a residential home. The property features a private parking lot with space for up to eight cars, a true luxury in downtown State College. Currently leased until August 2026, this property provides an immediate income opportunity. Income and expense details are available upon request. With its flexible layout and unbeatable location just steps from restaurants, shops, and Penn State University, this is a prime investment opportunity you wont want to miss. Seller would ideally like to sell 305 S Burrowes, a downtown student rental, in conjunction with this one.

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Commercial Pending

Price

$ 779,000

Property Type

Commercial

Taxes

$ 6,877

Style

Professional,,Flex

Lot Size

0.18

Year Built

1925

Town/City

State College

County/Region

Centre

MLS | Web ID

PACE2516710

Features
Interior
Heating Fuel Electric Natural Gas
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s) Forced Air
Cooling Central A/C Ductless/Mini-Split
Possession Immediate
Roof Shingle
Zoning R3H
Construction Materials Wood Siding
Year Built 1925
Property Subtype Office
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality STATE COLLEGE BORO
Business Type Professional Other Flex
Accessibility Ramp - Main Level
County CENTRE
Insurance Expense 1562.00
New Construction N
Property Type Commercial Sale
Subdivision Name STATE COLLEGE BORO
Possible Use Commercial Flex Space Investment Office Residential
Water Access Y/N N
Status PENDING
Directions From W Beaver Ave turn onto S Burrowes Street property is first building on the right after W Foster Ave.
City STATE COLLEGE
MLS Area State College Boro (16436)
Lot Size Units Square Feet
Lot Size Square Feet 7841.00
Tax Annual Amount 6877.0
Price Per Sq Ft Total AG 348.23
Acceptable Financing Cash Other Bank Portfolio
Vacation Rental Y/N N
Standard Status Pending
Year Built Source Estimated
Total Actual Rent 58992.00
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2237.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.18
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 38700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 300
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* Excluded Features
List By
Re/Max Centre Realty

Broker

marc@marcmcmaster.com

Email

Affordability Calculator

$5,370
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,796
Monthly Property Taxes
$573
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$779,000 Listed Price

Map


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300 S Burrowes Street, State College, PA, 16801 is a Commercial Property for sale at $779,000 with 2,237 sqft and a lot size of 0.18. 300 S Burrowes Street was built in 1925. The property's zip code is 16801 which is in State College, PA