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sales rep | Brivity IDX

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1368 S Atherton St , State College, PA 16801
$152,000
Est. Payment: $821.13/mo
Status: active | Days on site: 298
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KEYS17 - 3346686
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House Description

For Sale: Commercial Office Condo – Prime Location in the Southwood Office Centre! Looking for the perfect investment property? The property is currently leased. Currently leased through December 2027. Easily accessible off South Atherton Street, providing high visibility and convenience for clients and employees alike. The tenant is responsible for all condo expenses, including utilities, real estate taxes, insurance, and monthly condo association fees, making this a true NNN-style investment with minimal landlord obligations. The lease also provides one remaining two-year renewal option, extending upside and stability for the next owner. Investment Highlights: In-place lease through December 2027 Current rent: $1,255.54/month Tenant pays all expenses: utilities, taxes, insurance, and condo fees One (1) two-year renewal option remaining Great Year 1 cash-on-cash return Low-maintenance, passive investment

Highlights

Listed by Jason Krout , 8142370311 Keystone Real Estate Group, LP , 8142370311. Bright MLS

Property Type

Commercial Sale

Year Built

1985

County

Centre

Area

State College Boro (16436)

School District

State College Area

Listing ID

PACE2517234

Questions about this listing?

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Interior Features

Air Cond:Central A/C
Fireplaces:
Floor:Vinyl,Carpet
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:0.00 x 0.00
Garage Capacity:1
Zoning:PLANNED COMMERCIAL 2 (CP2
Roof:Shingle
Others:
  • ▪ Additional:Good
Sewer:Public Sewer
Parking Features:Paved Parking,Parking Lot,1+ Spaces
Principal Interest
$821
Taxes
$242

Home Price

$152,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$30,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$821.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $821.13 $242.25 $0.00 $1,063.38
Yearly $9,853.56 $2,907.00 $0.00 $12,760.56
Total $295,606.91 $87,210.00 $0.00 $382,816.91
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (State College, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS