State College, PA Commercial Real Estate for Lease and Sale

Explore 63 listing(s) of commercial real estate in State College, PA to find the best space for your business.

CRE Market FAQs

The Rise at State College

532 East College Avenue, State College, PA
Space Type

Retail
For Lease Contact for pricing

1 space available / 9,200 SF
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476 Rolling Ridge Dr

476 Rolling Ridge Dr, State College, PA
Space Type

Office
For Lease

$24.00/SF/YR
3 spaces available / 3,179 - 15,391 SF
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Executive Offices - 119 South Burrowes Street

119 South Burrowes Street 6th-7th Floor, State College, PA
Space Type

Private Offices
For Lease

Contact for pricing
Space for 1 to 3 people
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Northland Center

255 Northland Center, Park Forest Village, State College, PA
Space Type

Retail
For Lease Contact for pricing

2 spaces available / 1,600 - 2,000 SF
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3081 Enterprise Dr

3081 Enterprise Dr, State College, PA
Space Type

Office
For Lease

$22.00/SF/YR
1 space available / 4,300 SF
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137-4 S Pugh St

137-4 S Pugh St, State College, PA
Space Type

Retail
For Lease

$14.00/SF/YR
1 space available / 700 SF
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Bristol I

2583 Gateway Dr, State College, PA
Space Type

Office
For Lease Contact for pricing

4 spaces available / 1,260 - 4,162 SF
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476 Rolling Ridge Dr. 2nd Floor Condo

476 Rolling Ridge Dr, State College, PA
Property Type

Office
For Sale

$4,200,000
Property size 15,391 SF
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1521 Martin St

1521 Martin St, Park Forest Village, State College, PA
Property Type

Retail
For Sale Contact for pricing

Property size 37,500 SF
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Nittany Mall

2901 E College Ave, State College, PA
Space Type

Retail
For Lease Contact for pricing

42 spaces available / 90 - 9,685 SF
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Frequently Asked Questions

The average rent for commercial real estate in State College is $25.61 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in State College costs $21.73, while the city’s premium locations ask up to $35.
The best area for commercial real estate in State College will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Lemont, home to no fewer than 1 listings for space of all types.
CommercialCafe’s CRE offering in State College is enabled by a network of 25 active brokers from 14 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $35 per square foot. In particular, the property type commanding the highest lease rates in State College is Retail space.
The average size of a commercial property here stands at 1,191,249. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in State College:
Office properties:
- Average size: 35,345 square feet.
- Largest property: 2nd Floor (15,391 square feet).
Retail properties:
- Average size: 58,884 square feet.
- Largest property: OUTLOTS, MULTI-TENANT RETAIL, DRIVE THRU CAPABILITY (1,742,400 square feet).

State College, PA Commercial Space Listings

Commercial Space for Lease - Breakdown

The 44 listings for commercial real estate currently available for rent in State College add up to 3,311,785 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	15	123,338
Retail	24	1,997,198
Other	5	1,191,249

Office properties:

The market has 15 active office listings, encompassing 123,338 square feet.
State College office spaces currently listed on CommercialCafe represent 34% of the total commercial real estate market in State College, compared to an average of 53% across all markets tracked by CommercialCafe.

Retail Space:

There are 24 retail listings available, adding up to a total of 1,997,198 square feet.
Retail spaces account for approximately 54% of the local commercial market, while the average share taken up by retail in all U.S. markets is 46%.

Commercial Space for Sale - Breakdown

There are currently 14 properties listed for sale in the State College market, adding up to 444,915 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

5 office properties
3 retail properties
1 industrial property

Property Type	Count of Listings	Total Sq. Ft.
Office	5	91,370
Retail	3	89,699
Industrial	1	263,784
Other	5	62

State College, PA Commercial Real Estate for Lease and Sale

The Rise at State College

476 Rolling Ridge Dr

Executive Offices - 119 South Burrowes Street

Northland Center

3081 Enterprise Dr

137-4 S Pugh St

Bristol I

476 Rolling Ridge Dr. 2nd Floor Condo

1521 Martin St

Nittany Mall

Frequently Asked Questions

State College, PA Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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