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This two-building commercial portfolio at 129 & 141 Medical Park Lane offers a compelling investment opportunity with immediate cash flow and long-term upside, featuring approximately 12,384 SF across 6.09± acres in a highly accessible, strategically located Bellefonte corridor. The property is currently leased to a medical tenant, generating stable income through December 31, 2027, allowing a buyer to benefit from in-place cash flow while evaluating future development potential. Following the lease term, a deed restriction will prohibit medical users, giving a new owner flexibility to reposition the asset and explore alternative uses or redevelopment to enhance long-term value. This offering is attractive to investors, end users and developers.
| DAYS ON MARKET | 0 | LAST UPDATED | 6/5/2026 |
|---|---|---|---|
| YEAR BUILT | 1997 | COMMUNITY | Bellefonte Boro (16432) |
| COUNTY | CENTRE | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | BELLEFONTE AREA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Bellefonte Boro (16432) |
| CONSTRUCTION | Brick, Concrete |
| HEAT | Central, Natural Gas |
| LOT | 6.09 acre(s) |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 41300 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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