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720 E College Avenue,  Bellefonte PA, 16823

(Active)
$850,000
|
|
MLS# PACE2305234
Last Updated: 5/18/2024 12:16 AM
Description for 720 E College Avenue Bellefonte, PA 16823
10.48 Acres Zoned Commercial with a fully rented duplex & two outbuildings included. Situated outside the quaint town of Pleasant Gap along Route 26/W College Ave. Located near established businesses which include Sunbelt Rentals, Encompass Health & the PennDOT Driver License Center. Recent subdivision completed by Henry Surveys is approved & recorded, property taxes will be adjusted accordingly. Unit #1 on the first floor - 2 bedrooms, 1 full bath is leased at $350/month, Unit #2 on the 2nd floor - 2 bedrooms, 1 full bath is leased at $400/month. Tenants are responsible for lawn care & snow removal, natural gas heat is paid by the 1st floor tenant. Neither tenant has a written lease however they have the following agreement with the current owner that the buyer/new owner agrees to allow the tenants to have up to 4 months after closing to either sign a lease with the new owner or vacate the property. All Mineral Rights Convey. Property is currently enrolled in Clean & Green, buyer will be responsible for re-enrollment.
Price
$850,000
NONE AVAILABLE
CENTRE
PACE2305234
Active
Description
10.48 Acres Zoned Commercial with a fully rented duplex & two outbuildings included. Situated outside the quaint town of Pleasant Gap along Route 26/W College Ave. Located near established businesses which include Sunbelt Rentals, Encompass Health & the PennDOT Driver License Center. Recent subdivision completed by Henry Surveys is approved & recorded, property taxes will be adjusted accordingly. Unit #1 on the first floor - 2 bedrooms, 1 full bath is leased at $350/month, Unit #2 on the 2nd floor - 2 bedrooms, 1 full bath is leased at $400/month. Tenants are responsible for lawn care & snow removal, natural gas heat is paid by the 1st floor tenant. Neither tenant has a written lease however they have the following agreement with the current owner that the buyer/new owner agrees to allow the tenants to have up to 4 months after closing to either sign a lease with the new owner or vacate the property. All Mineral Rights Convey. Property is currently enrolled in Clean & Green, buyer will be responsible for re-enrollment.
Listing Information
Property Type: Business Opportunities, 2 Story
1940 2 Vinyl siding
NONE AVAILABLE
Well
2 Total
Neighborhood
Room Information
Interior Features
Electric Water Heater
Gas Heat, Forced Air
Exterior / Lot Features
5 Parking Spaces,
Vinyl
Shingle
Driving Directions
From the Nittany Mall, follow Route 26, go 3.2 miles property will be on your right after Sunbelt Rentals.
Financial Considerations
12-005-,034G,0000-
Listing Price History

Bellefonte Real Estate

Bellefonte is located in Pennsylvania. Bellefonte, Pennsylvania 16823 has a population of 6,458.

The median household income in Bellefonte, Pennsylvania 16823 is $65,551. The median household income for the surrounding county is $65,844 compared to the national median of $66,222. The median age of people living in Bellefonte 16823 is 33 years.

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Courtesy: RE/MAX Centre Realty
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/18/2024 12:16 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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