Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1997
Sq.Footage
12,384
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Gas
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Concrete
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
6.09
-
Lot Size(square feet)
265280.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,400,000
-
Tax Amount
$41,300
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
CENTRE
Elementary School
Middle School
High School
Listing Courtesy of David Fonash , Continental Real Estate Management
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AGENT
Richard Nease
Call Richard today to schedule a private showing.
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