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8,796 sqft

$1,700,000

112 W FOSTER AVENUE Unit: C, STATE COLLEGE PA, 16801

Price per sqft$193.27
Built in1965
Property size8,796 sqft
Property typeCommercial

Overview

Pending

Pending-bright

Listed Jul 6, 2026

Updated 3 days ago

An unique redevelopment and/or commercial opportunity in the heart of downtown State College. This expansive two‑story commercial condominium offers exceptional flexibility for investors, developers, and visionaries looking to capitalize on the Borough’s evolving zoning landscape. This property has many options currently, but with State College actively exploring zoning updates that may support increased density, mixed‑use development, and expanded residential or commercial uses, this property is uniquely positioned for future transformation with the first floor being perfect for the building amenities. Each floor provides approximately 4,400 sq/ft of highly adaptable space. The first floor features an open, well‑maintained layout ideal for immediate occupancy or reconfiguration. The second floor, currently arranged with traditional offices, can be fully opened to create a second large floor plate—perfect for redevelopment into modern residential units, boutique hospitality concepts, collaborative workspace, or other mixed‑use possibilities. The property includes ADA‑compliant restrooms, direct elevator access, and 14 private parking spaces—an exceptional amenity in the downtown core. Its location places it steps from parks, restaurants, retail, and the energy of Penn State University, ensuring strong demand for nearly any future use. Whether you’re envisioning adaptive reuse, vertical expansion (subject to zoning approvals), or a complete redevelopment aligned with the Borough’s potential zoning changes, this property offers a strategic foothold in one of Pennsylvania’s most dynamic markets.

Other Property Details

Taxes
$23,471
Tax Frequency
Annually
MLS provider logo

Listed by Continental Real Estate Management
Listing Contact: 8143084768 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/20/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/20/2026 at 10:29 PM UTC

 

Perry Wellington Realty

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