129 Medical Park Ln, Bellefonte, PA 16823

$2,400,000

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Listing courtesy of Continental Real Estate Management. Contact: 8142381598

List Price
$2,400,000
Days on Market
52
Status
ACTIVE
MLS#
PACE2519278
Lot Size (Acres)
6.09
Year Built
1997
County
Centre
School District
Bellefonte Area

Property Description

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.

Additional Information

Area
Bellefonte Boro (16432)
Taxes
$41300
School District
Bellefonte Area
Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Shingle
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks