301 SCIENCE PARK RD, State College, PA 16803
301 SCIENCE PARK RD, State College, PA 16803
301 SCIENCE PARK RD, State College, PA 16803
301 SCIENCE PARK RD, State College, PA 16803
301 SCIENCE PARK RD, State College, PA 16803
301 SCIENCE PARK RD, State College, PA 16803
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David Burris

David Burris

+1(609) 304-4202
Listed by David Fonash • Continental Real Estate Management
$ 13,000,000
Est. payment | /mo

15.77 Acres Lot

Save
$ 13,000,000
Est. payment | /mo
Save

15.77 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID PACE2517258

Year Built 1959

Annual Tax Amount $110,350

Tax Year 2024

Lot Size 15.770 Acres

Acres 15.77

Property Sub-Type Office

Source BRIGHT

Property Description

This exceptional commercial property, was originally built by HRB in the late 1950's and early 1960's. This complex comprises four interconnected buildings, designed by Hajjar Architecture and sits on two parcels totaling 15.77+/- acres, providing ample parking for employees and visitors. The acreage includes over 4 acres of land for future development, that includes an already in-place Easement Agreement that permits the construction of a paved road to tie in the existing parking lot at 301 Science Park Road, to the traffic light at 225 Science Park Rd.

The current owners undertook extensive renovations beginning in 2010, stripping the interior down to it's concrete, brick, and steel structural elements. The comprehensive rebuild incorporated modern building standards throughout, including new insulation, windows, electrical systems, HVAC, and select façade updates. Recent capital improvements include a newly installed fire alarm system, two replacement elevators, upgraded rubber roofing, and parking lot resurfacing.

With fourteen established tenants, this investment property offers built-in diversification to help ensure income stability during vacancy periods.

Location

State PA

County Centre

Area Ferguson Twp (16424)

Zoning IRD WITH CORRIDOR OVERLAY

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Flooring Carpet, Ceramic Tile

Inclusions See Marketing Deck.

Equipment See Remarks

Heat Source Electric

Exterior

Garage Spaces 315.0

Water Access N

View Mountain

Accessibility Mobility Improvements

Total Parking Spaces 315

Garage N

Building

Sewer Private Sewer

Water Public

New Construction N

Schools

High Schools State College Area

School District State College Area

Others

Tax ID 24-004-,021-,0000-

Ownership Fee Simple

Security Features Sprinkler System - Indoor,Fire Detection System

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

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David Burris
David Burris

Agent | License ID: 1973254

+1(609) 304-4202

513 S Lenola Rd, Moorestown, NJ, 08057, United States

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301 SCIENCE PARK RD

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