Urban Plaza

234 E. College Ave, State College, PA 16801

Property Information

  • For Lease $28.00 - $30.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 15,000 SF
  • Units 3
  • Lot Size 0.34 Acre
  • Year Built 1967
  • Date Updated Jun 2, 2026

Description

Location, Location, Location! Great retail space in downtown State College, across the street from Penn State Main Campus. The storefront is in one of the busiest, walk-able streets.Overall, the retail space in downtown State College, across from Penn State Main Campus, offers an ideal location with high visibility, accessibility, and a steady flow of pedestrian traffic, making it an attractive opportunity for businesses aiming to capitalize on a vibrant and bustling environment.

2 Spaces Available

Suite 100

Space Type

Retail

Lease Rate

$28.00/SF/YR

Total Space

1,360 SF

Floor

1st floor

Divisible Space

1,360 - 1,360 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

This retail space, located just around the corner from busy College Avenue in downtown State College, sounds like a promising opportunity for a small retailer or service industry business. Here are some key features and considerations based on the description: The space is open area which means it's essentially a blank canvas ready for customization to suit the needs of your business. This flexibility allows you to design the interior layout and decor according to your specific requirements and branding. One of the standout features is access to a large patio area bordering E. College Ave. This outdoor space can significantly enhance the appeal of the retail space, particularly for businesses such as cafes, restaurants, or bars that can utilize it for outdoor seating and customer engagement.

Suite 108

Space Type

Strip

Lease Rate

$30.00/SF/YR

Total Space

1,000 SF

Floor

1

Divisible Space

1,000 - 1,000 SF

Available Date

Immediate

Lease Type

NNN

Sublease

Yes

Available for lease: approximately 1,000 square feet of prime retail space in downtown State College. Currently built out as a café / bubble tea shop, this storefront offers an excellent opportunity for a food, beverage, or boutique retail concept looking to capitalize on strong pedestrian traffic and a vibrant downtown atmosphere. The space features a highly visible storefront with large windows, prominent signage opportunities, and an efficient layout ideal for quick-service or grab-and-go operations. Located just minutes from Penn State University, the property benefits from consistent foot traffic driven by students, professionals, and local residents. This is a rare opportunity to secure a right-sized retail space in one of State College’s most active commercial corridors.

Contacts

Keystone Real Estate Group, LP

Keystone Real Estate Group, LP

Location

Contact Listing Broker
Keystone Real Estate Group, LP

Keystone Real Estate Group, LP

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