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. 3rd 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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1405 S Atherton St

1405 S Atherton St, State College, PA
Space Type

Land
For Lease Contact for pricing

1 space available / 548,420.4 SF
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476 Rolling Ridge Dr

476 Rolling Ridge Dr, State College, PA
Property Type

Retail
For Sale

$12,500,000
Property size 46,172 SF
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Happy Valley Launchbox - 123 South Burrowes Street

123 South Burrowes Street 2nd Floor, State College, PA
Space Type

Desks
For Lease

Contact for pricing
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1321 S Atherton St

1321 S Atherton St, State College, PA
Space Type

Retail
For Lease

$35.00/SF/YR
2 spaces available / 1,263 - 2,995 SF
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160 W Clearview Ave

160 W Clearview Ave, State College, PA
Property Type

VacantLand
For Sale Contact for pricing

Property size 2.5 SF
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Orchard Square

3283 West College Avenue, State College, PA
Space Type

Retail
For Lease Contact for pricing

1 space available / 9,052 SF
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476 Rolling Ridge Dr. 1st Floor Condo

476 Rolling Ridge Dr, State College, PA
Property Type

Office
For Sale

$4,200,000
Property size 15,391 SF
View Details
2181 West Whitehall Road

2181 West Whitehall Road, State College, PA
Property Type

VacantLand
For Sale Contact for pricing

Property size 44.2 Acre
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in State College:
- Office Space: The market includes 676,314 square feet of office spaces in addition to 37 coworking locations.
- Retail Space: Between malls, restaurants and stores, State College is home to 1,292,809 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 263,784 square feet of available space in State College.
The average rent for commercial real estate in State College is $23.06 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in State College costs $16.5, while the city’s premium locations ask up to $35.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 203,778 square feet.
- Class B properties are sized 22,094 square feet, on average.
- Class C properties span an average of 27,500 square feet.
CommercialCafe’s CRE offering in State College is enabled by a network of 26 active brokers from 15 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: 33,816 square feet.
- Largest property: 2nd Floor (15,391 square feet).
Retail properties:
- Average size: 53,868 square feet.
- Largest property: OUTLOTS, MULTI-TENANT RETAIL, DRIVE THRU CAPABILITY (1,742,400 square feet).
Industrial properties:
- Average size: 263,784 square feet.

State College, PA Commercial Space Listings

Commercial Space for Lease - Breakdown

The 43 listings for commercial real estate currently available for rent in State College add up to 3,358,197 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	126,933
Retail	23	2,040,015
Other	5	1,191,249

Office properties:

The market has 15 active office listings, encompassing 126,933 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 23 retail listings available, adding up to a total of 2,040,015 square feet.
Retail spaces account for approximately 53% of the local commercial market, while the average share taken up by retail in all U.S. markets is 46%.

The data presented in this section was last updated as of September 10, 2026

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

The data presented in this section was last updated as of September 10, 2026

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. 3rd Floor Condo

1405 S Atherton St

476 Rolling Ridge Dr

Happy Valley Launchbox - 123 South Burrowes Street

1321 S Atherton St

160 W Clearview Ave

Orchard Square

476 Rolling Ridge Dr. 1st Floor Condo

2181 West Whitehall Road

Frequently Asked Questions

State College, PA Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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