129-141 Medical Park Lane Bellefonte, PA ^$ 2,400,000

129-141 Medical Park Lane

^$ 2,400,000

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Recently Listed

129-141 Medical Park Lane

Bellefonte, PA, 16823

^$ 2,400,000

Bedrooms-- Baths-- Sq 12,384

Monthly Estimate*

^$ 14,777

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Commercial Property for sale in Bellefonte, PA

for $2,400,000. This 12,384 square foot building was built in 1997 on a lot size of 6.09.

This two-building commercial portfolio at 129 & 141 Medical Park Lane offers a compelling investment opportunity with immediate cash flow and long-term upside, featuring approximately 12,384 SF across 6.09 acres in a highly accessible, strategically located Bellefonte corridor. The property is currently leased to a medical tenant, generating stable income through December 31, 2027, allowing a buyer to benefit from in-place cash flow while evaluating future development potential. Following the lease term, a deed restriction will prohibit medical users, giving a new owner flexibility to reposition the asset and explore alternative uses or redevelopment to enhance long-term value. This offering is attractive to investors, end users and developers.

Commercial Active

Price

^$ 2,400,000

Property Type

Commercial

Taxes

^$ 41,300

Style

Medical

Lot Size

6.09

Year Built

1997

Town/City

Bellefonte

County/Region

Centre

MLS | Web ID

PACE2519278

Features

Interior

Heating Fuel Natural Gas

Hot Water Electric

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Central

Cooling Central A/C

Possession Negotiable

Roof Shingle

Zoning CO

Construction Materials Brick Concrete

Year Built 1997

Property Subtype Services

Tax Year 2026

Ownership Fee Simple

Cool Fuel Natural Gas

Municipality BELLEFONTE BORO

Business Type Medical

Accessibility Doors - Lever Handle(s) Level Entry - Main No Stairs

County CENTRE

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Route 99 to Zion Rd (West) properties on Right

City BELLEFONTE

MLS Area Bellefonte Boro (16432)

Lot Size Units Square Feet

Lot Size Square Feet 265280.00

Tax Annual Amount 41300.0

Price Per Sq Ft Total AG 193.8

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 12384.00

Lot Size Acres 6.09

Lot Size Source Estimated

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 129

* Excluded Features

List By

Continental Real Estate Management

Broker

dave@continentalrealestate.net

Affordability Calculator

$18,219

Per Month

Monthly Principal & Interest: $14,777
Monthly Property Taxes: $3,442
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Bellefonte, PA

Average List Price ^$899,775

Percent of Sale Price 63%

About Bellefonte, PA

6,416 Population

1% Since 2002

^$51,324 Median Income

40.55 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/6/2026	$2,400,000		Listed Price

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129-141 Medical Park Lane, Bellefonte, PA, 16823 is a Commercial Property for sale at $2,400,000 with 12,384 sqft and a lot size of 6.09. 129-141 Medical Park Lane was built in 1997. The property's zip code is 16823 which is in Bellefonte, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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129-141 Medical Park Lane

Commercial Property for sale in Bellefonte, PA

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