129 Medical Park Ln, Bellefonte, PA 16823

$2,400,000

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List Price
$2,400,000
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)
School District
Bellefonte Area
Heating
Central
Cooling
Central Air
Roof
Shingle
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Continental Real Estate Management. Contact: