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300 S Burrowes St, State College, PA 16801

$670,000

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Sold Price: $670,000
List Price: $779,000
Closing Date: Jan 28, 2026
Days on Market: 15
Status: CLOSED
MLS#: PACE2516710
Lot Size (Acres): 0.18
Year Built: 1925
County: Centre
School District: State College Area

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Property Description

Don’t 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 won’t 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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Additional Information

Area: State College Boro (16436)
Subdivision: State College Boro
School District: State College Area
Heating: Heat Pump, Forced Air
Cooling: Central Air, Ductless Mini-Split
Roof: Shingle
Water: Public
Sewer: Public Sewer